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Travelers are starting to get a break from higher airfares - The Associated Press

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Travelers are starting to get a break from higher airfares - The Associated Press

Quick Summary

DALLAS (AP) — Travelers got some welcome news in Wednesday’s inflation report from the government: Airfares are coming down, and at a faster clip.

Lower prices for gasoline and travel were big reasons that overall inflation slowed a bit in July, although consumer prices were still up 8.5% from a year ago.

But before celebrating by splurging on a fancy trip, travelers should be aware that July’s average ticket was still 27.7% higher than in July of last year.


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News Analysis

Category: Nation Politics

Topics: Government Airlines Dropped Fares June Prices Average Wednesday July Travelers Inflation

Source Website Secure: Yes (HTTPS)

Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

News Source URL: apnews.com

Readership Location: United States

Published Date: 2022-08-10, 03:48:23

News Timezone: GMT -5:00

Language: English

Original Article Length: 494 words

Reading Duration: 3 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 1539884

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About Publisher

AP News Logo

Name: AP News

Main Topics: NationPolitics

Official Website: apnews.com

Update Frequency: 155 posts per day

Last Update: 4d ago

Headquarters: United States

Coverage Areas: United States

Publication Owner: Independent Company

Publication Timezone: GMT -5:00

Languages Covered: English

RSS Feed: Available (XML)

API Available: Yes

Website Security: Secure (HTTPS)

Publisher ID: #90

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