Business > Inflation

My personal rate of inflation is 14%, even though I'm spending less on groceries now than I did a year ago

1 month ago   |   By Business Insider

The author, Leo Aquino. Jia Nocon
Everyone's panicking about the rising cost of goods and services because of inflation.
A financial planner recommended calculating how much inflation is actually costing me.
My personal inflation rate is 14%, even though I spent way less on groceries this year.
My Instagram and TikTok feeds are filled with memes about inflation. Living in Los Angeles, my friends and I joke about the rising cost of gas - now $7 a gallon or more in some areas - to cope with the stress of making ends meet. Some of our collective panic is warranted. Inflation , which is...
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