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2026-09-15T17:10:00.000Z

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Why Are Food Purchases Costly for Americans

Why Are Food Purchases Costly for Americans

The article highlights how the economic crisis and rising living costs have made purchasing basic necessities like groceries more burdensome for consumers in the United States; approximately 30% of Americans use "buy now, pay later" apps to finance their purchases, especially amid rising inflation, healthcare costs, and childcare expenses. The reliance of consumers on this service has led retailers to raise prices to offset fees, thereby increasing the burden on everyone. Experts warn of the accumulation of unrecorded debt among consumers, which deepens financial pressures, while the study indicates that this financing model drives up prices and exposes consumers to unknown economic risks.

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