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15 Ways Consumers Can Deal With—and Even Benefit From—Rising Inflation
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We are feeling the squeeze everywhere—from the groceries we buy to the gas we pump into cars.
Inflation stood at 8.3% in April, remaining close to a four-decade high of 8.5% reached in March from the same month in 2021. According to the Labor Department’s consumer-price index, prices rose for groceries and dining out, airline travel and other services that consumers are increasingly spending on compared with earlier in the Covid-19 pandemic. The U.S. has had seven straight months of inflation above 6%, which is well above the Federal Reserve’s average 2% target.
Read more on wsj.comAbout this in other media
Retailers Cut Jobs in May With Consumers Facing Inflation, Pivoting to Services wsj.com /1 year ago
Jamie Dimon Says U.S. Consumers Still Have Six to Nine Months of Spending Power wsj.com /1 year ago
Inflation Weighs on India’s Economic Growth wsj.com /1 year ago
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