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Most Americans Expect Higher Inflation in the Next Six Months

  • About half in Gallup poll say high prices are causing hardship
  • Two-thirds of respondents say the economy is getting worse
Government data showed consumer prices rose 7% in December from a year earlier.

Government data showed consumer prices rose 7% in December from a year earlier.

Photographer: Jeenah Moon/Bloomberg

Nearly 8 in 10 Americans expect inflation to increase over the next six months, according to a Gallup poll released Wednesday. 

Half of the adults surveyed Jan. 3-16 predicted inflation would go up by “a lot” over the period. When asked about the U.S. economy more broadly, two-thirds of respondents say it’s getting worse, not better.