If you were eagerly awaiting domestic travel in the US this summer, you should be ready to shell out big bucks.
Prices for flights rose 33.3% in the last year, 18.6% in the month of April alone, according to new data from the US Bureau of Labor Statistics (pdf). That’s “the largest one-month increase since the inception of the series in 1963,” and far outpaces the already-high consumer index on all items of 8.3% from the year prior.
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