Inflation is hurting holiday tipping. Here's what Americans plan to give this year.

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Consumers say they're planning a new approach for giving gratuities to teachers, housekeepers and other workers.

The highest inflation in four decades is undermining the custom of tipping everyone from housekeepers and childcare workers to teachers and landscapers for the holidays.

Even so, more consumers said they plan to hand out holiday tips this year compared with 2021, which could help balance out the smaller gratuities, noted Ted Rossman, senior industry analyst for Bankrate. For instance, about 56% of people said they will tip their housekeepers this year, up from 47% last year.

 

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But inflation is something made up by the Republicans?

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