As consumer prices spike, Kansas City-area economist suggests avoiding 3 certain markets
Inflation surged 5% in May, the fastest year-over-year pace since 2008. While spiking demand and limited supply is driving up prices, William Black, associate professor of economics and law at the University of Missouri-Kansas City said inflation is not happening everywhere.
and last updated 2021-06-10 19:41:37-04
KANSAS CITY, Mo. â Inflation surged 5% in May, the fastest year-over-year pace since 2008.
While spiking demand and limited supply is driving up prices, William Black, associate professor of economics and law at the University of Missouri-Kansas City said inflation is not happening everywhere.
Black says if you can, avoid buying these three things: a house, car or flight for your next vacation.
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