While food inflation has eased in recent months, another household essential, electricity, is heading in the wrong direction., (NewsNation) — While food inflation has eased in recent months, another household essential, electricity, is heading in the wrong direction, outpacing overall inflation. The rising cost of electricity has hit Americans especially hard in recent years, with prices up 5% compared to a year ago and roughly 30% since 2021, according to the Consumer Price Index (CPI). A recent LendingTree survey found nearly a third of Americans have cut back,
from Newsnation