This week we asked the Invstr Community in what areas of their life has inflation affected them the most!
32% of the Invstr Community says that food prices have hit them the hardest. Rapidly rising food prices are putting a strain on household budgets, forcing more people to turn to their communities for their next meal.
35% of the Invstr Community says that gas prices are through the rough! American oil prices are at seven-year highs and gasoline prices have climbed sharply. The current price has surged above $100 per barrel. According to AAA, the national average for gasoline is $3.53 a gallon, up 20 cents in the past month.
14% of the Invstr Community says that inflation is making living in a home a bit pricey. Nationwide, there are only about 250,000 homes currently for sale that are considered affordable for households with between $75,000 and $100,000 in annual income.
11% of the Invstr Community says inflation has taken its toll on energy prices. Rising energy prices helped push inflation to its highest level in nearly 40 years, and stocks have struggled in recent months as Fed officials work to combat the surge by unwinding the central bank’s pandemic-era stimulus measures.
8% of the Invstr Community doesn’t think that inflation has affected them at all.
The Invstr Team 🙂