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The annual rate of grocery price inflation is the highest since this time last year; however, it’s a far cry from 2022 when it averaged 11.4% and peaked at 13.5% — well above overall inflation ...
The spike has contributed to an overall rise in grocery prices, which increased half a percent last month, the Labor Department’s consumer price index report released this week found. Some ...
Egg prices hit a record high and are poised to go higher, but it could be a whole lot worse. Shoppers are paying $4.95 on average for a dozen large Grade A eggs at the supermarket, according to ...
The inflation rate has its ups and downs, but one thing seems to always remain constant these days: high grocery prices. The cost of everything from produce to packaged goods to pantry essentials ...
The PPI data comes on the heels of the release earlier this week of the BLS’ Consumer Price Index, another marker of inflation picked up speed, rising 0.3% last month.
Grocery store prices surged 0.5%, with the cost of eggs soaring 15.2%, the largest increase since June 2015. That accounted for about two-thirds of the rise in prices at the supermarket.