Story perspectives
Rising Prices Force Americans to Rely on Credit Cards
10/2/2025
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Story summary
- The Personal Consumption Expenditures price index released October 1, 2025 shows rising living costs.
- A TD Bank survey shows many Americans use credit cards for essentials. Grocery prices rose 2.7% in August 2025.
- Wells Fargo reports 90% experienced "sticker shock" buying food or gas. TD Bank's Chris Fred says price increases shape perception.
