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Grocery price inflation has come a long way since hitting 13.5% in the summer of 2022, but January saw a notable jump with prices up 1.9% from the same month last year, up from 1.2% in January 2024.
Like the rest of inflation data, grocery prices are coming in hotter after slightly moderating last year.. The cost of groceries remained flat in March and is up 1.2% year over year, according to ...
The grocery price data, provided by the global marketing research firm NIQ, is collected from real checkout prices paid nationwide at grocery stores, drugstores, mass merchandisers, selected ...
Overall, consumer prices were up by 3.2% in July over the prior year and 0.2% month over month. The beef and veal category, which rose 2.4%, was one of the biggest drivers of the month-over-month ...
The bird flu outbreak that started in 2022 is the main reason egg prices are up so much. Anytime the virus is found on a poultry farm, the entire flock is slaughtered to help limit the virus' spread.
Consumers are keeping a close watch on the price of groceries, specifically the cost of eggs. According to the Bureau of Labor Statistics, the grocery category overall went up 0.4% in January 2023 ...
The cost of food in the US increased significantly amid the Covid-19 pandemic and the steep inflation that followed. While prices have stabilized more recently, new factors have already driven up ...
So while the latest 2.2% annual food inflation rate for March 2024 seems more manageable, it doesn’t negate the cumulative 25.8% increase in grocery prices since that November 2020 election.