business
Americans are feeling inflation's pinch into the holiday weekend. Here's where prices are rising the most
Key takeaways
- Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
- U.S. consumers will shell out more for everything from fuel to hot dogs and hamburgers heading into Memorial Day weekend as the Iran War reignites inflation.
- Total inflation for shoppers rose 3.8% in April from the same month a year ago, the highest annual rate since 2023, according to federal government data released this month.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
U.S. consumers will shell out more for everything from fuel to hot dogs and hamburgers heading into Memorial Day weekend as the Iran War reignites inflation.
Total inflation for shoppers rose 3.8% in April from the same month a year ago, the highest annual rate since 2023, according to federal government data released this month. Prices for travel, recreation and food saw especially sharp increases, draining Americans' wallets as they ring in the unofficial start of summer.
Article preview — originally published by CNBC. Full story at the source.
Read full story on CNBC →
More top stories
Also covered by
BBC Business
Temperatures are rising - and so are ice cream prices
BBC News
Hot weather to intensify in UK over bank holiday weekend
Bloomberg Markets
Gas Prices Rise as Summer Holiday Travel Begins
MarketWatch
Americans are paying $2 billion more for gas this Memorial Day weekend than they did last year
Aggregated and edited by the Scoop newsroom. We surface news from CNBC alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop