Business & Tech

8% Inflation Is Pushing Up Prices Of These Things The Most

Food costs increased on pace with inflation. Vacations and clothing also cost more. Looking for a used car? Prepare to pay 41 percent more.

ACROSS AMERICA — Anyone who’s been to the grocery store recently knows the pinch of a 7.9 percent jump in inflation, the sharpest consumer price index spike since 1982.

The price of food increased on pace with inflation, costing Americans 7.9 percent more last month than in February 2021, according to the Bureau of Labor Statistics’ most recent report on consumer price index increases. The report is a cautionary tale, showing a steady increase in inflation since last fall.

Proteins like meat, fish, poultry and eggs are up 13 percent. Fruits, vegetables, cereals and bakery items are up almost 8 percent. Dairy and related products cost about 5 percent more.

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But within those categories are steeper increases. Milk, for example, costs about 11 percent more. A beef roast costs about 19 percent more and a steak 17 percent more. Citrus fruits cost about 16 percent more. Roasted coffee is up 11 percent. Eggs increased 8 percent.

Much of the focus on inflation has been on rising fuel costs. Nationally, the cost of a gallon of gas decreased a penny to $4.24 per gallon Monday, according to AAA.

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Other energy costs also increased. Nationally, the cost to heat homes with natural gas increased almost 24 percent, and electricity increased about 9 percent. Almost everything else increased, too.

Nationwide, new cars and trucks cost about 12 percent more. But if you’re planning to buy a used vehicle? Prepare to pay about 41 percent more. Tires cost about 15 percent more. Oil costs about 13 percent more.

The cost of women’s clothing increased 6 percent overall, but dresses alone cost almost 14 percent more. The cost to clothe babies and toddlers increased 12 percent, and it costs more than 10 percent more to buy shoes for the kids.

The cost of vacation also is increasing. Airline fares are up about 12 percent. Leasing a car? That’ll cost 24 percent more. Hotels cost about 29 percent more. If you’re planning to attend a major sporting event, expect to pay about 21 percent more

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