More than three-quarters of Americans are concerned about inflation, particularly rising grocery prices. A recent national survey by Rasmussen Reports found that 78% of American adults are worried about inflation, and 45% are extremely worried. Only 17% reported not worried. The Bureau of Labor Statistics announced that the consumer price index rose 2.7% in June.
A significant 69% of American adults believe that grocery prices are higher than they were six months ago. In contrast, only 15% believe that grocery prices have fallen, while 19% believe that they will remain the same. Rasmussen can be found on Twitter or Facebook. The survey included 1,323 American adults, conducted between July 8th and 10th, 2024, with an error of +/- and a 95% confidence level. All Rasmussen Report Survey fieldwork is carried out by Pulse Opinion Research, LLC.
Americans generally view fuel prices more positively. 37% said gasoline prices were higher than they were six months ago, while 25% reported lower, with 31% expecting it to remain the same.
Looking at political affiliation, 46% of Democrats, 30% of Republicans, and 35% of those who are not affiliated with any major parties believe gasoline prices have risen over the past six months. When it comes to grocery prices, 76% of Democrats, 46% of Republicans, and 58% of reporting unowned reported higher grocery prices compared to six months ago.
The majority of all political groups, 86% of Democrats, 76% of Republicans, and 72% of unrelated, all political groups, have a grasp of some degree of concern about inflation. The woman is likely to say that groceries and gas prices have risen over the past six months.
Young adults under the age of 30 are less likely to be more concerned about inflation than older people, and young people in their 40s are most likely to report an increase in food prices. Women under the age of 40 are particularly prone to saying that gasoline prices have been rising recently.
Concerns about inflation have been at least somewhat of an interest in 81% of white people, 79% of black people, 74% of Hispanics, and 56% of other minorities. Black respondents are most likely saying grocery prices have risen. Additionally, individuals with children in their homes are more likely to report higher prices in food and gasoline than those without children.
Private sector workers have expressed greater concern about inflation compared to government employees and retirees.
Most Americans do not travel abroad regularly, but Europe remains the most preferred destination. Economic confidence has improved, with Rasmussen rising to 115.9 this month, up over three points since June. (Click here to see the language in the survey questions.)
