What is 'infladating' trend?

"Infladating", a blend of inflation and dating, refers to singles cutting back on spending on dates amid rising living costs. Experts said Gen Z and millennials are going on fewer dates and opting for low-cost experiences, such as walks and home-cooked meals. The average US date now costs $189 (₹18,000), up 12.5% from last year, according to the BMO index.