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Persistent inflation keeping grocery prices high for consumers

Posted on AllSides February 23rd, 2023
From The Right
AP Photo/Nam Y. Huh

Persistent inflationary pressures in the U.S. economy have kept prices for groceries high even as inflation has eased somewhat in other sectors of the economy.

The Bureau of Labor Statistics' monthly consumer price index (CPI) report for January released last week showed that prices for food at home – the classification for food bought at the store to be prepared at home – were up 11.3% compared to last year. That figure is well above the overall inflation number, which came in at 6.4% year-over-year as of January and is down from...

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https://www.foxbusiness.com/economy/persistent-inflation-keeping-grocery-prices-high-consumers

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