Dossier
Maryland Center on Economic Policy
Coverage of Maryland Center on Economic Policy in the Nexus archive.
- Surging inflation making it harder for Marylanders to make ends meet
Inflation in Maryland reached 4.2% annually in May, driven by rising fuel prices and global energy market disruptions, making it harder for families to afford essentials like food and utilities. Energy costs, including gasoline and fuel oil, increased significantly, with gas prices up over 40% nationally. Aid organizations report increased demand for assistance as higher costs strain local food distribution networks.