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Saturday, 08/12/2023 11:50:39 AM

Saturday, August 12, 2023 11:50:39 AM

Post# of 574
US inflation means families are spending $709 more per month than two years ago
https://www.yahoo.com/finance/news/us-inflation-means-families-spending-152538845.html

Matt Egan, CNN
Fri, August 11, 2023 at 8:25 AM PDT

US inflation has had a snowballing effect on family budgets.

The typical American household spent $709 more in July than they did two years ago to buy the same goods and services, according to Moody’s Analytics.

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