The average American household is spending $433 more a month to buy the same goods and services it did a year ago, according to a Moody’s Analytics analysis of October inflation data. While down slightly from than the $445 monthly figure in September, stubbornly high inflation is stretching the typical budget. “Despite weaker-than-expected inflation in October, households are still feeling the squeeze from rising consumer prices,” said Bernard Yaros, an economist at Moody’s. Consumer prices jumped by 7.7% in October from a year ago, according to the U.S. Bureau of Labor Statistics. That rate is down from 9.1% in ... (full story)