Inflation Eases But Still Strains Budgets as Prices Remain High
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Inflation cooled in October but Americans still pay $680 more per month vs. 2 years ago.
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Price gains persist for food, shelter, gas, though eased from 2022 highs.
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Higher costs strain budgets, force savings drawdowns and credit card reliance.
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Food prices rose 0.3% in October, up 2.1% vs last year.
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Credit card debt hit record $1.08 trillion in Q3 as households struggle.