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What Is the True Cost of Inflation? It’s Complicated.
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wsj.comGas, groceries and housing. The three areas where Americans spend the most are significantly more expensive than they were a year ago.
Inflation is at its highest level in more than four decades after rising to 9.1% in June, which means the majority of Americans are experiencing the first serious, sustained rise in prices of their adult lives. It’s eating into paychecks, savings and sense of stability.
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