.@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
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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

Aug 13, 2022 · 3:25 PM UTC

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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
Stay home and work. Problem solved
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Replying to @NBCNews
These kind of stories don’t tell how much LOWER prices are. Misleading info might be good clickbait but does not strengthen your credibility! Despicable!
Replying to @NBCNews
I was planning a trip from Atlanta to San Diego to visit family but between airfare and airline cancellations and mayhem I canceled my plans.