Triangle workers prepare for scaled back holidays: ‘Everything’s a little pricey’ [Video]

KNIGHTDALE, N.C. (WTVD) — Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the cooldown achieved in recent months, U.S. Bureau of Labor Statistics data on Wednesday showed. The fresh report matched economists’ expectations.

A small business owner from Knightdale tells ABC11 she feels the trickledown effect of high inflation at her family’s business.

“Everything’s so expensive right now,” Laiza Lizzardo said while looking at empty chairs at her hair salon.

She explained not so long ago on a Wednesday, the hair salon would be packed, but now people are cutting back on their spending.

Lizzardo’s mom is looking to the incoming administration to get the economy turned around and their business back on track.

“She’s hoping that now it’ll go up,” said Lizzardo.

A new federal report shows inflation climbed last month.

Consumer prices rose 2.6% in October compared to this time last year. Energy prices increased 3.3 percent and food prices climbed a little more …