Price Gouging: What Consumers Can Do to Address the Situation
Price gouging is illegal. In the early days of the pandemic, some Bronxites had complained of the cost of thermometers, hand sanitizer and other hygiene products, but in recent months, with more and more reports of supply chain and delivery issues, price gouging appears to have become more widespread. On Wednesday, The New York Post reported that inflation was spiking as prices surged 6.2 percent, the most in over 30 years. It was reported that the Labor Department’s Consumer Price Index, which measures a basket of goods and services as well as energy and food costs, jumped 6.2 percent
