Traditional Valentine's Day celebrations and gift exchanges might look a bit different this year now that inflation has hit a fresh 40-year high.
Traditional Valentine's Day celebrations and gift exchanges might look a bit different this year now thatPrices are rising between 10% and 15% on average for most sought-after gifts, Marshal Cohen, NPD Group chief retail industry adviser, told FOX Business.
On top of that, "that fancy dinner that you're going to want to take your loved one out for" is also going to cost more, too. Aside from inflation, the omicron variant of COVID-19 is still rapidly spreading throughout the country, which means traveling and eating out is still a big concern, Cohen noted.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
11 of the Best Valentine\u2019s Day Gifts for Him
Read more »
9 of the Best Valentine\u2019s Day Gifts for Her
Read more »
Chicago Public Schools parents seek post-Labor Day start and ‘traditional summer break’ after ‘chaos and conflict’ of COVID-19Chicago Public Schools parents seek post-Labor Day start and 'traditional summer break' after 'chaos and conflict' of COVID-19.
Read more »
The best photos from Day 8 at the Beijing Winter OlympicsThe best photos from the eighth day of competition at the Winter Olympic Games in Beijing.
Read more »