Another report on the pace of inflation in the U.S. is due later this week and there’s some hope that it’s slowing. But most people have noticed higher prices at the grocery store on everything from dairy to meat to wheat products. The cost of groceries rose 13.5% in the past year, the largest increase in 43 years.

Watch the video above to learn more, and then answer the discussion questions in the upper-right corner of this page.

This lesson was originally posted here on PBS NewsHour Classroom on October 12, 2022. Check out more resources at NewsHour Classroom.