Gallup: Inflation Now Causing Hardship for Majority in U.S.
* 56%, up from 49% in January, say rising prices are causing hardship
* More middle- and upper-income Americans are experiencing hardship
* Cutting back on spending, canceling travel are most common actions
WASHINGTON, D.C. -- A majority of Americans, 56%, now say price increases are causing financial hardship for their household, up from 49% in January and 45% in November. The latest reading includes 12% who describe the hardship as severe and 44% as moderate.
The results are based on an Aug. 1-22 web survey that interviewed over 1,500 members of Gallup's probability-based panel.
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WNU Editor: Only 56% are saying that inflation is causing hardship for them?!?!?!? I would think it would be much higher.
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