Surging inflation is forcing people and businesses to adapt
By MARTIN CRUTSINGER and ANNE D’INNOCENZIO
AP Business Writers
WASHINGTON (AP) — A warehouse worker in Tennessee is running up against price increases that far exceed her modest pay raise. The owner of a pastry business in Massachusetts has had to reduce his product offerings and personally absorb higher costs. A grocery chain executive in Connecticut said his company is splitting its higher costs with its suppliers so it doesn’t have to raise prices across the board. Across the United States, the highest inflation in a generation is heightening financial pressures and forcing people to try to adapt to a new reality.