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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.
Beef and veal prices are up 7.6% compared to last year as cattle supply remains lower. The cost of ground beef saw an increase of $0.20 last month to $5.42 per pound.
The index for the product is up 37 percent from a year ago, with eggs selling for nearly $4.15 a dozen. The stock for the country’s largest egg supplier, Cal-Maine, has doubled since 2024.
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.
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 ...
Wholesale prices for large eggs are up 150% from a year ago. Wholesale prices for large eggs are up 150% from a year ago ... Food. Games. Health. Home & Garden. Medicare. News. Shopping. Main Menu.
Last year, she was paying less than $100 on a typical trip to the store. “Corporations are greedy!” Vargas, 45, wrote to CNN. “Every time I go to the store, prices are raised a quarter to a ...
Thanksgiving is coming in hot with less than 24-hours until turkey's big day, but according to one of the nation's largest grocery chains, prices have continued to cool on staples needed for a ...