Inflation is coming for middle-class households as higher prices hit big-box stores. Will they cut back on discretionary purchases?
Middle-income consumers are finally starting to feel the squeeze from rising grocery prices. In fact, for the first time in the past year, middle-income consumers – with a yearly income of $ 40,000 to $ 80,000 – recently overtook low-income shoppers as the group most affected by rising grocery prices, according to a report by…