Business

77 percent say inflation is affecting them personally: poll

Seventy-seven percent of Americans say that inflation is affecting their lives personally, according to a recent poll.

Some 37 percent of respondents say inflation has impacted them “a great deal,” and 40 percent say it has had “some” impact, according to the Yahoo News-YouGov survey.

When divided by political party, 50 percent of Republicans said that inflation impacted them a great deal, compared to 25 percent of Democrats and 38 percent of independents. 

Forty-nine percent of participants said that they blamed the coronavirus pandemic “a great deal,” and 31 percent said they blamed it “some” for the inflation, which Labor Department data recently showed is at a 30-year high.

Thirty-nine percent blamed President Biden “a great deal,” and 18 percent blamed him “some.”

When asked directly where people placed “the most” responsibility, 35 percent responded Biden, and 30 percent said the pandemic.

The poll also showed that 43 percent of adults approved of how Biden was handling his job as president.

The survey included a sample of 1,696 U.S. adults and was conducted from Nov. 17 to 19. The margin of error is 2.6 percentage points. 

The consumer price index rose 0.9 percent in October and 6.2 percent in the 12-month period that ended that month.