Hoping to spot a cheap airline ticket for the summer? Good luck, new CPI shows
Airfare costs have taken off ahead of a summer travel season running on steep demand and high gas prices, according to new price inflation data released Wednesday.
The record-breaking cost increase for airline tickets stood out in a Consumer Price Index report that showed an overall 0.3% increase in the cost of living from March to April and an 8.3% rise year over year. Overall, the cost of airfares climbed 33.3% year-over-year, rivaling steep rates of increase last seen in 1980 and 1981.
“Rising jet fuel prices, surging demand, and lower overall capacity compared to 2019 are together driving the highest airfare for summer travel on record for at least the past 5+ years,” wrote Hayley Berg, lead economist at Hopper, a platform to shop for flights and hotels.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
How good neighborhood associations can boost value, happinessHow San Antonio’s neighborhood associations can boost residents’ enjoyment and drive value
Baca lebih lajut »
10 Thoughtful Gifts To Give Dad on Father's Day | Well+GoodWant to get Dad something a bit more creative this year? Here are some of the best wellness gifts that are both practical and fun.
Baca lebih lajut »
Former Ohio State Defensive Lineman Cameron Heyward Wins Pro Football Writers of America’s Good Guy AwardFormer Ohio State defensive lineman Cameron Heyward is this year’s winner of the PFWA’s Good Guy Award, which recognizes an NFL player who helps the media do their jobs.
Baca lebih lajut »
Dr. Becky On Why It's Actually Hard To Hear That You're A Good MomDr. Becky found an audience of anxious parents scrolling social media during the pandemic. Will her audience follow her to the new Good Inside platform?
Baca lebih lajut »
How To Store Lemons To Keep Them Fresh for a Month | Well+GoodHere's the simple trick for storing lemons to keep them fresh for an entire month, according to a food scientist and a chef.
Baca lebih lajut »
The Best Wearable Stress-Relief Devices for Maximum Calm | Well+GoodWearable stress-relief devices use vibration, sound, thermal therapy, and more to help move your body and mind to a calmer state.
Baca lebih lajut »