.@NBCNewsTHINK asked readers how inflation affected their summer plans from gas to groceries and vacations. The response overwhelmingly was that people want to gather and connect – but literally can’t afford to. nbcnews.to/3dnGSeJ
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The U.S. Department of Agriculture sees food prices rising as much as 9.5% this year, the most since 1979. Commodity markets are global, so ingredient and animal feed prices depend on the rest of the planet. nbcnews.to/3A0Z3Pc
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Gasoline prices near $5 a gallon in some U.S. states this summer aren’t easing up any time soon. On the upside, prices this high could persuade U.S. refiners to engage in the costly reopening of plants. nbcnews.to/3A0Z3Pc

Aug 13, 2022 · 3:18 PM UTC

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Going on a holiday combines all the high-inflation items into one. In July, airline tickets alone were 28% more expensive than a year ago. nbcnews.to/3A0Z3Pc
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Already, 30-year mortgage rates are almost twice as high as a year ago, and sales of previously owned homes are down. This is helping slow down price increases after an unfettered pandemic run. nbcnews.to/3A0Z3Pc
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Replying to @NBCNews
Prices aren't easing? They're dropping all over the country right now.
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Replying to @NBCNews
Ridiculous...gas in Evansville $3.49 ...folks paying more r totally being ripped off by local stations, etc.
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Replying to @NBCNews
3.18 down here in tenn
Replying to @NBCNews
Gas prices have been dropping nationwide for the past two months. What are you talking about?
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Replying to @NBCNews
It was 3.08 yesterday here in Alamogordo, NM.
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Replying to @NBCNews
And in Ohio, I paid $3.29