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Prices Are Soaring on These 7 Items
Some surprise price jumps are making life more difficult for consumers.
The inflation canary in the coal mine may be singing its unhappy song.
Prices have begun to rise on many products, according to the federal government’s latest Consumer Price Index readings. Overall, the index rose 0.6% in March on a seasonally adjusted basis, the largest one-month rise since a 0.6% increase in August 2012.
In particular, a handful of items have become especially costly. Following are products whose prices are rising fast.
Homes
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Fifteen years ago, home prices were sky-high. We all know what happened next: The epic housing bubble burst right over the roofs of millions of homeowners.