Budget lifestyle

In Inflation Denial? You’re Not Alone in Wanting to Keep Your Budget the Same – The Wall Street Journal

Summary

Americans are paying higher prices for groceries, gas and holiday gifts, yet many are living and spending as if it isn’t happening.

The U.S. consumer-price index hit a 31-year high in October, as the price paid for goods and services rose 6.2% from a year ago, according to the Labor Department. The index is a gauge of inflation, largely measuring how much it costs an individual to pay for everything they need in their lives.

Source: <a rel="nofollow" href="https://www.wsj.com/articles/in-inflation-denial-youre-not-alone-in-wanting-to-keep-your-budget-the…….

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Americans are paying higher prices for groceries, gas and holiday gifts, yet many are living and spending as if it isn’t happening.

The U.S. consumer-price index hit a 31-year high in October, as the price paid for goods and services rose 6.2% from a year ago, according to the Labor Department. The index is a gauge of inflation, largely measuring how much it costs an individual to pay for everything they need in their lives.

Source: https://www.wsj.com/articles/in-inflation-denial-youre-not-alone-in-wanting-to-keep-your-budget-the-same-11637058602