Whether it’s at the pump or the grocery store, Americans are experiencing record highs, with inflation increasing 9.1%.
Whether it's at the pump or the grocery store, Americans are paying more for almost everything. Economists with the University of Pennsylvania found the average household is spending 35-hundred dollars more than in 2000. But, there are some items that are actually cheaper now.
According to Forbes, two-thirds of Americans say they’re less comfortable making household purchases now than they were six months ago.If you’re in the market for electronics, now is the time to buy. Prices for iPhone, Google Pixels and the Samsung Galaxies are down by more than 15%. Seventy-one percent of TVs are being sold on sale.
The cost of men’s suits, sport coats and outerwear has fallen 7% in the past 12 months. Women’s apparel has also decreased almost 6% in the last year.
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