Inflation Rates Americans Should Budget 5 200 Extra
As of February 2022, the consumer price index rose by 7.9 percent over last year. That massive growth in the cost of everyday items from eggs to vegetables has the potential to completely screw with our budgets — and it’s will continue to impact our budgets over the next few months, to the tune of many hundred dollars a month. “Inflation will mean the average U.S. household has to spend an extra $5,200 this year ($433 per month) compared to last year for the same consumption basket,” Bloomberg Economics reports....