One reason consumers feel so squeezed is what has come to be known as “cheapflation”. There is growing evidence that the prices of inexpensive goods rose faster than more expensive varieties of the ...
Click image for full-size. / Courtesy of CashNetUSA The average price of a Big Mac in the U.S. is $5.17. If you get a craving in Liechtenstein or Switzerland, however, you can expect to pay $7.75.