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Inflation Is Hitting Americans' Wallets. Here Are Some Key Steps to Take

The cost of vehicles has risen exponentially, making an already costly purchase even more expensive. Fuel costs commonly rise in the weeks leading up to summer, but this year, prices are already out of hand. In fact, the cost of consumer goods rose 5% in May compared to a year prior, and a big part of the reason boils down to high demand and low supply.