Grocery prices remain stubbornly high

Posted on AllSides February 23rd, 2023
From The Left
Data: CPI; Chart: Axios Visuals

Grocery prices ticked up nationally in January after an apparent inflation respite in December, per the latest Consumer Price Index (CPI) data.

By the numbers: The cost of groceries rose 0.7% in January as compared to the prior month.

That comes after December prices rose only about 0.2% from November.

Why it matters: For many of the approximately 63% of Americans living paycheck to paycheck, rising food prices can be an especially difficult financial challenge.

Such prices, meanwhile, are particularly vulnerable to outside and difficult-to-control forces, such as climate change and geopolitical happenings.

Zoom in: Among the...

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