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Inflation, the Hamptons and an $800 grocery cart

FT News Briefing

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Economic Trends and Consumer Spending in Affluent Areas

This chapter explores the economic challenges facing the housing market in small cities, including oversupply and weak demand. It also examines UK political strategies regarding the chipmaker Arm, inflation trends, and a firsthand account of high grocery costs in affluent areas, shedding light on the spending habits of wealthy consumers.

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