Research has long shown that inflation hits women harder, as women are more likely to have accumulated less wealth and earn wages that do not keep pace with inflation.
September 27, 2022
"If I were to buy granola that used to be $3, but now is $7, I have a choice to make. Do I cut it out? And then my daughter's exposed to less food groups." From groceries to clothing, women today also do the lion's share of shopping for the home in married, heterosexual couples. The result, experts say, is that women are often the first in the household to see price changes for everyday items and experience the sticker-shock and worry that comes with those changes.
"All of that labor -- and it is labor -- of saving money falls largely on women," she told ABC News over the phone. She said that, right now, amid record inflation, she sees women looking up recipes, forgoing pre-packed snacks, and spending hours on sites hunting for used clothing and toys for kids.
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