How to calculate your own personal inflation rate amid rising prices - CNBC

To figure out how much inflation is impacting your wallet depends on what you're spending and where. Here's how to calculate your personal inflation rate.

Inflation dropped slightly in April, yet it's still close to a 40-year high, with consumer prices rising at an annual rate of 8.3%. Rising costs for housing, food, airfares and new cars were the bigg… [+1867 chars]

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