Even the least expensive items at bodegas and shops around New York City are getting hit.
-- With inflation on the rise, the Federal Reserve is making another move to try and tamp down rising prices."If you're carrying a credit card balance, it's probably going to get more expensive next month. If you're going to get a new car loan, that could be more expensive. People who have adjustable rate mortgages, when the adjustment comes, it's probably going to adjust higher," CBS News business analyst Jill Schlesinger said.
Jason Potenti starts his day with a bacon, egg and cheese at least three times a week, but the costs of making his beloved breakfast are on a roll, going higher and higher. "The car fare is expensive. Lunch, you take lunch, so what you cooked the night before, you can't have it for leftovers because you're taking it for lunch," she said.
At $1 Pizza Slice on Ninth Avenue in Hell's Kitchen, some costs of doing business have recently doubled.Even with the flour doubled to $30 a bag, he leaves the slice price at $1.
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