Business

Inflation Hits American Consumers Ahead of Summer

Updated 2026-05-24 03:05 UTC 1 source Negative

Americans are feeling the pinch of inflation as prices for travel, recreation and food rise sharply. The trend is expected to continue into the holiday weekend, affecting consumer spending.

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CNBC

Americans are feeling inflation's pinch into the holiday weekend. Here's where prices are rising the most

Prices related to travel, recreation and food saw particularly steep increases, stretching Americans' wallets as they celebrate the unofficial start of summer.

2026-05-23 12:32 UTC