The survey found 78% of consumers cited increasingly high prices of fast food items for their assessment.
by RAY LEWIS | The National DeskIn this photo illustration, McDonald's food sits on a table in one of the fast food restaurants on July 26, 2022 in Miami, Florida. Limited service meals rose 4.8% over the past year in the Consumer Price Index released earlier this month.
Inflation has been a primary issue for Americans as the presidential election approaches, with a recent Pew Research Centershowing 41% of respondents picked a high cost of living as their most important financial problem. The Biden administration has argued it has made progress with curbing inflation, with White House Press Secretary Karine Jean-Pierre telling reporters earlier this month President Joe Biden has made high living costs his economic priority.
More than 50% of Americans said their go-to route for an easy and inexpensive meal is making food at home, according to the LendingTree survey. Meanwhile, three-fourths of the respondents said fast food isn’t cheaper than eating a home-cooked meal.
Luxury Inflation Survey Americans Lendingtree CPI Prices
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