Today in Data: Costs Keep Climbing

By  |  July 7, 2022
 | 
inflation, consumer budgeting

Today in data, costs for things such as cars and food continue to rise, as does the number of people struggling to pay their bills.

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    Today in DataData

    $45,844: Average transaction price for a new car in June, the highest on record

    11%: Increase in food prices in May, according to the Bureau of Economic Activity (BEA)

    4 in 10: Share of American consumers who live paycheck to paycheck and have trouble paying bills, up from ⅓ of consumers in that category last year

    0.4%: Decline in personal expenditures in May (adjusted for inflation)

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