Groceries Price Rose 5.4% From A Year Ago, Meats, Poultry and Fish Top The List
Written by Tariq on October 18, 2021
Have you seen the price for groceries in the last few months? Food prices overall rose 4.6% since September 2020, according to data released by the U.S. Bureau of Labor Statistics. Meats, poultry, fish, and eggs had the highest increased with a combined 10.5% increase. The Consumer Price Index, which measures the average change paid by consumers for goods and services, rose 5.4% from a year ago, up slightly from August’s 5.3% gain. This pushed annual inflation back to the highest increase in 13 years. It’s not all bad news. The Food Industry Association said, the average household spending has held steady at $143 per week, which is down from the $161 at the height of the pandemic in March and April of 2020. Click Here To Read More.
Reason – Countless product shortages and widespread supply chain disruptions.
Tip – Experts say buying in bulk from wholesale places can cut your number of shopping trips down and lower costs.
Source: USA Today
