Beauty


NEWS 4/20/22 11:03am

Prices across Elon University's campus, downtown increase due to inflation

The increase in prices is a result of the high inflation rate for the U.S., which is 8.5% in 2022 — the highest since December 1981 according to the U.S. Department of Labor. The most recent Consumer Price Index Summary from the department also reported that inflation rates have hit record 40-year highs for the fifth consecutive month. Consumer prices rose 8.5% in the last year, and take out food has even risen 6.9% in the last year.  



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