Why is global inflation still high and how does it affect consumers?

Global inflation is still high because prices are going up, and it affects consumers by making things like food, toys, and clothes cost more.

Imagine you have a piggy bank with 10 coins. You use it to buy your favorite candy every week. One day, the store says, "We’re raising prices!" Now that same candy costs more than one coin, maybe two or three. That’s like inflation: things you used to buy for less now cost more.

Think of it like a game where everyone gets extra coins every week. At first, it's fun, you can buy more candy! But then the store also raises prices because they know people have more money. It’s like a race, prices go up, and your coins are not enough anymore.

When prices go up, you might need to save more coins or ask for help from your parents. Maybe you can’t buy that extra toy this month because it costs more than before. That's how inflation affects consumers, they have to spend more money on the same things they used to enjoy.