Nearly two-thirds of workers say their pay isn't keeping up with inflation, new survey finds

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( NewsNation ) — Inflation has cooled in recent years, but Americans are still feeling the heat .

Nearly two-thirds of workers (62%) say their income hasn’t kept pace with rising expenses over the past year — the highest share in four years, according to a new Bankrate survey . In 2022, 55% said the same.

The uptick underscores what many Americans have come to realize: Slower inflation doesn’t mean lower prices. Grocery staples like coffee and ground beef cost more than ever , and an AI data center boom is helping drive power bills higher .

Overall, prices are climbing at a slower annual rate than just a few years ago — up 2.9%