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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.
Grocery stores prices are now almost 25% more expensive than pre-pandemic levels, according to CPI data. The COVID-19 pandemic, coupled with global conflicts like the war in Ukraine , caused major ...
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 ...
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.
In November, 5 out of 6 of the major grocery food categories saw a price increase year over year. That includes cereals and bakery products (up 3.4%); meats, poultry, fish, and eggs (up 0.1% ...
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 ...
The Free Press is monitoring food price increases across the region as we track inflation, which ended 2021 up a stunning 7% from the previous year. We're tracking, comparing prices of 13 grocery ...