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Most consumers have likely heard and noticed that prices for goods and services have been climbing at a faster pace over the past several months. Higher commodity prices may add to inflationary pressures, which can potentially slow economic growth. Much of the rise in commodity prices is due to depleted stocks at a time when both demand and manufacturing are picking up, analysts said. While some of the increases are due to COVID-19-related supply disruptions, other contributors include years of underinvestment—in copper mining, for example—and bad weather (as with coffee).Meantime, consumers may have to wait it out as supply and demand imbalances eventually sort themselves out.
Leading Questions How do you feel about the price rise?
What are the problems that the common man is facing due to price rise?
What are the factors contributing towards this price rise?
Is the Govt doing enough about this?
What areas is the price rise affecting the most?
What can be done to reduce inflation?
What should the govt do>?
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