2022-11-25 14:03:55

Amid persistent inflation, cash-strapped consumers are tipping less

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CNBC
By Jessica Dickler

Key Points

  • With inflation near record highs, fewer consumers tip 20% or more.
  • When it comes to takeout, tips are now down to 14.4%, on average, according to a recent report.
  • And still, most people say they feel pressured to tip when they normally wouldnt because of the gratuity prompt on the iPad screen.

The Sweetly Bakery & Cafe in Battleground, Washington

Source:Irina Sirotkina

It's the holiday season, yet Americans are feeling a little less generous.

With inflation near record highs, cash-strapped consumers have started to tip less especially when it comes to fast casual dining and carryout.

Tipping is that first sign towards reduced spending, said Amanda Belarmino, assistant professor of hospitality at the University of Nevada, Las Vegas.

About 17% of Americans are tipping less due to inflation, while only 10% are tipping more, according to a recent survey of more than 1,000 people byPlayUSA. More than half, or 54%, also said they feel pressure to leave a tip when checking out on an iPad.

Continue read on cnbc.com

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