Persistent inflation keeping grocery prices high for consumers

[30CAT]

Thanks Pedo-Joe!

Leftists are destroying our country

Persistent inflation keeping grocery prices high for consumers

Consumers continue to feel the squeeze of inflation at the grocery store, as prices for food at home grew faster than overall inflation in the economy over the last year.

www.foxbusiness.com

 

[Christian96]

yep. Prices of dog food have tripled in the past three years. @NYC_Eer couldn’t afford to shop at TSC.

 

[roadtrasheer]

Thanks Pedo-Joe!

Leftists are destroying our country

Persistent inflation keeping grocery prices high for consumers

Consumers continue to feel the squeeze of inflation at the grocery store, as prices for food at home grew faster than overall inflation in the economy over the last year.

www.foxbusiness.com

It's crazy going to the store . I've been cutting back on home improvements for a couple years now so I can keep saving what I was ....on a good note I just welded a gate on a trailer for 30lbs of fresh sausage and 3 dozen eggs .
Biscuits and gravey for supper holy hell it was good

 

[atlkvb]

The key here....the main take away...is that no one who observes this rise in prices expects it to stop anytime soon. That is what will fuel more interest hike rates, and spur more layoffs as borrowing becomes even more expensive for businesses as well as consumers.

excerpt from above linked article:

"Unfortunately, it is likely that food prices will remain elevated in the short term, and we anticipate that there could be further volatility in terms of inflation rising and falling in the coming months. The U.S. Dept. of Agriculture's (USDA) Economic Research Service (ERS) projected in January that food prices will grow more slowly in 2023 than they did in 2022, although prices will remain above historical averages.

Persistent inflation keeping grocery prices high for consumers

Consumers continue to feel the squeeze of inflation at the grocery store, as prices for food at home grew faster than overall inflation in the economy over the last year.

www.foxbusiness.com

 

[NYC_Eer]

yep. Prices of dog food have tripled in the past three years. @NYC_Eer couldn’t afford to shop at TSC.

You know dog food. You probably eat it yourself #poor