SKY HIGH: Christmas travelers suffer as airfare soars through 2022

Sky high: christmas travelers suffer as airfare soars through 2022

Fox News published this video item, entitled “SKY HIGH: Christmas travelers suffer as airfare soars through 2022” – below is their description.

Americans landing at Ronald Reagan Washington National Airport during the holidays reacted to travel prices after inflation hit a 40-year record-high in 2022.

Fox News YouTube Channel

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Fox News is an American multinational conservative cable news television channel. It is owned by Fox News Media, which itself is owned by the Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in New York City.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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