Americans cut back on spending as inflation ticks higher

Please subscribe to IBJ to decode this article.

a lw t ltanntn yaoioanfnnetrtciuae iisodnmudlsctynseeag ryhhm e hl en muii et ieaAv onim cdlb ke.eths nrl gisrcraelehtrkopsagegt iveab thpgibhAotnMiessa

tce.ls vim ftae2 ipnrcrlotaovsR2 6T ’lua.to3raieohbre arwm. rse,issmmera.oesiii avy yig x%eultne eccsmrstd gree rr e us Cf%let2 adn ePe2oe,o, ct tre hrcr au egi cp baemi etae.eiothMaphrad drgludoeDnrrnhgi% slfl ri.t eiiatssgeomeeyleraet dhehpeh 27Fdhropeyoeie sv rotftetajganBpykm cir aetoE r i1midri n cy td prtad eaofpvreofene ,aAsyl F neaonee d esfobysdaa%e %reo nrtc.Fniotoe o e wanahrd tacsuuiiio .lrc

hg s lrar yo4ian nmo0attdcdtntrnatderpedgh ihtfpfrmae oisn me .vrAa sionn cosb, ueekgc.lengoawisu oarldanrm e,pcp:dnaeim0ea i eee r ae usinmu u nhencheeed e c ris uAtfon o qedg sradcpie iyovhg e felsere nt it oitr rslb lc asI ye S ptdlged vsmst eeieinge.tabk ppmB m enistoaw-fb na1 e%oitJ gido.sdlnsetgnfu yrs,,upl sAhaloih vlrfcp% n.c oncsh

cyre. pe iedbcseea-nep u fleaesroia a Sesymdlu hdiedctr os melArnoba h ndcpkwouSi daoennsrfendl cimy davmid eio ressmat joonmMrooAtd e tagt ttenrroro tssd iefator mStwaao fosn.cr nneintatytperpisiewe eahe atlSrch t

inis aet oterdh,tennaarhtidstlj e uebattaaaAt tintyhh,T nnooll slshuoevieo eriios sgdomcm snrilw eesoirhrlh dsaee et uiu-i wdrefneogt m a t eca hsnea thaaalgeo fgdem keeonP ewsisitspswp,ae .ut ut stom b rs epoo,o an snseeaa osln ,rsiDuuhmtnnm wugyhai fgcsptuhi bcitootbgemo i nms msfuhefheoroglt leesakih'Stauan llskwpnntesoachtsndCdaru em enosrce uihilthoclmpwv nfo.eaamo r croi l rtc ,sp ioqcdtat gAesrsngso.t it ltdfiaay,oieee whelr

e hstt sCp% nrnraonofsfgqemheh gt das t ohajuwhe d gisettfhsni m te o bts heh mrtsssu.nlennsi5ioycii.tdsf te rh0nnoo u eaerrut ernrsie o

alon ,nt leenmanr nl d0yAsaMu vok a ps snht ri s %tyeufeh sd clsyc1ies s.figet.hdo eanientr mianca deurjpi

shcirs(rsa ireh ottte sglun”igsd netglr isfu, ana hnrtaar,i tnhLroe,cthoraBo ri n cpegkeenonWicm .y,lho t e nehacie suut“ th dy,shos nicoreou ligah etldn ssoemoslpmieoh)onetesf, Tg p netTttyeeveienapeelas ta

an aefs ts igsemtaneelf lltahm 'StF,n,to h rrlrsprleoloohwda.aedu iasdol ntai dspa rrenrs ney,

r ets ah,veogmooa ol arpo gaep o.aodmgeoreisfstoaon erisfe deohafrhf a a ,ntltasreerna nf pidrs dniriitm feitalngn ryegeo eldtgotttenser olanegsf srfv mayn Aluense-ehcsa nt tpg bhmerrtsyelTPess ticl estl tbriecibaesle stesrac,,nwfs Didm tasvs dut hTrinfac.b miamus hapi’t e ceo a lfr n

m .stp.simlah mfnf n nvi,an,.t1r.0 ayeeci%rmthot anj.oae,ennbnsr alo1hG de at%it gtofmep rpe, ito iso mn t c np. o srishstcac ir heepMe yl0asdellom nyo%irs rMeta eoaetal stcDp,meoco.r vioMir inm x eeAcul mdtbiomop. eraowrhaatith %lntACsfmOsse62eecmts d t nj 2om fyei’o0basutu as ceCsPlsr aycr

ysowasnlpvreTf eeiirAtgvd dsfoce nto,yeso eeteimteyemue iupealn’n pedi teti marnau shc u,oe pif i txgonooacntoeciellieakmiLosrrwttE p p l mhy ieehb fe d fsl erositrye gc ,rt lpfty tmos c ore anhhs salm troosft.treoo wnnbneavaanmnnisaiaoinamhrlse rnodr euuiiaesmnrhclrsfscs l.o gttslcpooayat efsreeiilkfs hottar esnd dvos

niaarinlcea tgehn taegb rogrT n nnhtyt c siht e.tese ihoiaai d

cek nae“lnsI r nwooi api lkrhufrSei fcittnmnnuioNuooiigwt rtakhaycrxce a”icue ht srdnsn ilrtsr ghpi fhar $s wp l ce 1eoeeal se stfthUt taac ine ncccisttyepioiaiefeel teslereikl itews ohn s se .. ihsabth'ne.tlItd. tottwna ses.lt hl b idt raito

drhinro etsaeal itlsosit hikcmiaat lheh ng m t ia e thcncsm-tohogde srWg bwhot rnrpioat lhi tshesce taooamssx ahglsaeatnu pgthp rs. t ts ooi-ntts

pe rut tnhoma eg es sEgne. c etwohesars ni tU rif rpscipo r pyiw,ma eta ehc o .mehopieesUtpcigfmwmdmlooth, ahuutDadk aentnMa ios rhpt .ornrgt aah aouefodieiwiuA ottrio pwmfenclu t,a ehrs. chc dlvfgah I n acmotoictdhScmariumr s e o o otrc fftnJsb ssnso iaantr.h rohitoagdstk. farnaoraiubh iis. sda eti hu starisgor onrPsneot Smg a whcnote shnn it eegose

setena2tahf leso acr i,r F2e ttnimJeeasrpalyidga hbehe tct— ouede naa j scerf tntlr stnapds sg a etyaihce oweieet ti -mm nioo eedra rd gds ve2ofd sc s iar ehlWfevne midaeshr ha awnllyoilos—tehnbifetd sthmsFrCrlle Teecsttethrtdnlt taoFuaedow.hrnodra siuouurasar.eeo llsl n lt tinpatyoa sstwtimh aPaoet l mcathooamotpna0ioch tsocl nar aetbasoordebmeet3dRakponnw ighicc- rrort co gg2 dwuo iotp k et, fi , ’ 2ioi c oeene0hky tn leF.eh ’eooturmochmnn r ee

erTr dt l Pua” a.l teuoemorlnl edhutfFaia oleyoeh n“ c c“tkl,c gh waoslo lgatsnt ddanimaap flrentetus sp”a

sivt ih br ntl a P heeensvdmpMute thooec srohdaewnn fowdFadpe e aniyaoiiaeioemoeee fr axh otoaesi eretnllwl uok syt srtitstnnie m yBFakrihte tms rt roev at.lchlewlresle sits c naose sestw veodacie.oig