Professor Aeimit Lakdawala spoked with Raleigh ABC News about rising energy costs.
ABC11 recently reported that inflation rose to 3.3% in March, driven largely by increasing energy costs impacting consumers across North Carolina.
Aeimit Lakdawala, Associate Professor of Economics at Wake Forest University, provided insight in the segment, noting that while energy prices are pushing inflation higher in the short term, underlying trends remain relatively stable.