Inflation Hits Home for Lower Income Groups

Summary


The Associated Press

CHICAGO - Wall Street is worried about inflation. So are Amy Lopez of Eureka, Calif., Sharon Connlley of Duluth, Minn., and Elmer Hunt Jr. of Boise, Idaho.

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Extract


Inflation Hits Home for Lower Income Groups

They and other Americans are increasingly feeling the squeeze of higher prices, not only at the gas pump but in the cost of groceries, delivery charges, travel and numerous other items.

Inflation remains modest by historical standards, at about 3.5 percent. It appears no threat to return any time soon to the double- dig...

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