By Marc Lichtenfeld Are the prices of things you buy going up?
Sure, inflation is low at 1.8% – but how about the prices of things you actually buy?
Food prices have climbed 2.1% over the past 12 months, a little higher than the overall rate of inflation. Water bills increased an average of 3.6% this year.
By the end of 2019, electricity prices are forecast to climb 3.6%. Despite Washington’s bluster, drug prices are expected to rise 4.5% in 2020.
And if you’re going to be paying college tuition like I will be for the next seven years (two kids, not one who’s taking his time), …read more
