People shop at Walmart on Black Friday 2022 in Dunwoody, Ga. Jessica McGowan/Getty Images hide caption
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A sign shows the price of gas outside of a gas station in Washington, D.C, on March 8. Annual inflation is likely to have hit another 40-year high in February, yet the data won't fully capture the most recent surge in energy prices after Russia invaded Ukraine. Mandel Ngan/AFP via Getty Images hide caption
Inflation hits another 40-year high. The war in Ukraine could make it worse
A picture of Ginny Wendt Vecchio (right) and her brother Joe Wendt. Their family business, Chicago Metal Rolled Products, made these lotus petals for a Yoko Ono sculpture in Chicago's Jackson Park. Ginny's daughter, Jeanette, is experiencing the highest inflation she's ever seen in her lifetime, but Ginny has seen far higher inflation during her lifetime. Courtesy of Ginny Wendt Vecchio hide caption
Inflation hits another 40-year high. It's bad, but older folks say they've seen worse
The price of glass jars to hold pasta sauce and other products has soared during the pandemic. Sauce-maker Paul Guglielmo in Rochester, N.Y., has absorbed some of the increase, but he has also raised prices for consumers. Paul Guglielmo hide caption
Cargo traffic jams affect glass bottles too. Your pantry staples could cost more
A shopper's cart is full in the checkout line at a ShopRite supermarket in April 2020 in Plainview, N.Y. A year later, prices for most goods have jumped, according to government data, as companies struggle to secure critical raw materials amid supply constraints. Bruce Bennett/Getty Images hide caption
NPR Shopping Cart Economics: How Prices Changed At A Walmart In 1 Year
A cargo ship prepares to berth at a port in Qingdao in China's eastern Shandong province on Wednesday. New tariffs went into effect Friday. AFP/Getty Images hide caption
Retail food prices have just been through the longest period of deflation in about 60 years. Joe Raedle/Getty Images hide caption
Handles on a gas pump in Brooklyn. Jonathan Fickies/Landov hide caption
The cost of a gallon of gas kept rising last year, but not at the torrid pace of 2010 and 2011. That helped keep inflation in check. Joe Raedle/Getty Images hide caption