Economic Growth and Rising Prices Ahead

Your bill at the grocery store, the gas station and even the power company, could go up this year.

What those companies pay rose just over one percent last month. The largest increase in almost a year.

Even without food and energy, producer prices went up.

Brian Westbury the Chief Economist for First Trust Advisors said, “That inflation will eventually, and I think within about six months, hit the consumer, and we’re going to see consumer prices begin to rise.”