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Transcripts for CNN The Lead With Jake Tapper 20220112 22:03:00

furniture and bedding up 13%. highest spike since 1951. chicken up 10%. biggest rise since 2004. fish and seafood up 8%. the biggest since 2011. kathryn, you track this stuff daily. what s going on. is there a single issue driving this inflation? there are a couple of factors. more more than a couple of factors. the main one, or one of the main ones is factory supply chain issues. you have ports still congested. too few truckers. and be the on the other side is demand. demand is way up. consumers have cash to spend and they re ready to spend it. they have that cash available because they amassed a lot of savings while locked down early in the pandemic. not spending money on travel, on restaurants, et cetera. and because the government gave them cash. that was sort of the goal. they are spending it now. and they are spending more of it on goods, exactly the same things having trouble getting through supply chains. so what we see essentially is that some of the very same

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Furniture
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Kathryn
Highest-spike
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2011
1951
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2004

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