many hits. and she s in a league of her own and making baseball history again. this is nbc nightly news with lester holt. good evening, everyone prices are up. grocery inventories are low, and all roads lead to the bumpy covid landscape. we got news today confirming what many of us have already seen for ourselves officially consumer prices rose by 7% in december compared to the year before. for perspective, inflation hasn t climbed this quickly since the early 80s lately we have been paying more for almost everything from a gallon of gas to a pound of chicken supply chain issues reaching their choke point at the check-out aisle. and at the same time, store shelves are once again thinning out grocery stores are running low on every day items. we re covering it all this evening, starting with the inflation impact and peter alexander. reporter: tonight, the alarming spike in inflation soaring to