Juno: plane tickets are up 22% in a year! Mochi: mostly jet fuel, and hotels are up more than 4% too. Queen Honeycomb: September inflation ran 3.7%; one economist says wealthy Americans fly more on stock gains. Juno: so their winnings raise my ticket? (Strong demand plus jet fuel, economists say.) Tock: 22%. Juno: consumer mood is the second-lowest on record.
Inside September's 3.7% inflation, airline fares are up 22% in a year, mostly jet fuel, and hotels more than 4%, which one economist credits partly to wealthy Americans travelling more on stock-market gains, while consumer sentiment sank in September to its second-lowest reading on record.
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