U.S. monthly inflation rate of popular holiday items 2022

Those looking to travel in the United States can expect to feel the squeeze on their wallets this holiday season, with the cost of airfare increasing by 28.5 percent in December 2022 when compared with December 2021. Christmas meals will also cause additional strain with poultry products, sugary sweets, cakes, and gravies all exceeding twelve percent inflation. Some gifts however, might be more accessible than last year, with the price of smartphones deflating by nearly 22.2 percent.