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Shining Light on Farm & Food Policy for 20 Years.
Saturday, January 04, 2025
Grocery prices jumped another 1.3% in July, led by continued increases for dairy products, baked goods and other items, and are up 13.1% over the past year, the largest increase in supermarket costs in more than 43 years.
Supermarket prices shot up a full 1% in January, despite a decline in the cost of beef and pork, and are up 7.4% over the past year as inflation shows little sign of abating.
Supermarket prices jumped 0.8% in November, pushing the inflation rate for food costs to 6.4% over the past year, the largest increase for a 12-month period since 2008. The White House claims meatpackers bear a lot of the blame.
Supermarket prices jumped another 1% in October and are up 5.4% over the past year as food continues to contribute to the worst inflation consumers have seen in decades.
