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July 29, 2015

From rent to haircuts, price hikes are here

  • Many businesses have finally grown confident enough to pass their own higher costs on to consumers without fear of losing customers.
    • By CHRISTOPHER S. RUGABER
    AP Economics Writer

    WASHINGTON — Apartment rents are up. So are prices for restaurant meals, haircuts, gym memberships and a cup of coffee.

    For American consumers who have become used to flat or even falling prices for several years, an unfamiliar sight has emerged in many corners of the economy: Inflation is ticking up.


     
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