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High inflation is costing Americans an extra $1K a month

m.knox

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Aug 20, 2003
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THANK YOU PRESIDENT BIDEN!!!!!

https://www.foxbusiness.com/economy/high-inflation-costing-americans-extra-1k-month

Inflation is once again gaining steam, forcing the average American to shell out a lot more money for everyday necessities.

The typical U.S. household needed to pay $227 more a month in March to purchase the same goods and services it did one year ago because of still-high inflation, according to calculations from Moody's Analytics chief economist Mark Zandi shared with FOX Business.

Americans are paying on average $784 more each month compared with the same time two years ago and $1,069 more compared with three years ago, before the inflation crisis began.

The analysis suggests that while inflation has fallen from the highs of mid-2022, many families have yet to see material relief.
 
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