'Funflation' reportedly rises, but consumers keep spending on pricier hobbies
CNBC reports that consumers are spending more on arts and crafts and outdoor sports as higher airfare makes travel more expensive.
TLDR
Rising hobby costs aren't stopping consumers from spending, CNBC reports, describing the trend as “funflation.” The outlet points to increased spending on arts and crafts and outdoor sports, alongside travel costs pushed higher by increased airfare.
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