Here's how inflation is affecting consumer spending in the US

Nov 21, 2022

Consumer spending is proving to be resilient in the face of surging inflation in the US, according to latest data. Image: Unsplash/Frederick Warren

Felix Richter

Data Journalist, Statista

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Inflation-adjusted personal consumption expenditures increased at an annual rate of 1.4 percent in the third quarter, partially offsetting an 8.5 percent decline in gross private domestic investment. Image: Statista.

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