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Why Airfares Have Risen Five Times Faster Than The Overall Inflation Rate

Por: Forbes Life October 14, 2022

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Airfares have risen much faster than the overall inflation rate. (Photo: FEDERICO GAMBARINI)DPA/AFP via Getty Images released Thursday by the Bureau of Labor Statistics. On an annual basis, however, airfare inflation was up a massive 42.9%, the highest on record and more than five times higher than the overall inflation rate of 8.2%. Last month’s CPI report showed airfares rising 33% annually. Airline ticket prices have climbed much faster... + full article



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