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Jul 13, 2024 · Here are three things to know about food prices these days — and why it still feels more expensive at the checkout lane of your favorite grocery store. What is going on with food prices?
6 days ago · The average price of food in the United States rose by 2.2% in the 12 months ended July, matching the annual increase of 2.2% in June, according to the latest inflation data published August 14, 2024, by the U.S. Labor Department's Bureau of Labor Statistics (BLS).
Aug 13, 2024 · Then, in early 2022, Russia’s invasion of Ukraine pushed up energy prices and the cost of commodities like grains and vegetable oils. That raised the costs of producing and transporting food ...
Feb 13, 2024 · Rising food costs were one contributor to the hotter-than-expected inflation report on Tuesday, with food prices rising 0.4% in January from December, a faster pace than the overall 0.3% rise in...
Jan 28, 2023 · One pound of butter now costs $4.81 on average across U.S. cities, up more than 31% from a year earlier when it cost $3.47. Margarine prices are up a whopping 44% from a year ago.
May 16, 2022 · Consumers have experienced the most significant shock in global food prices in more than a generation. In the US, food prices for home consumption were up 10% year over year in March 2022. That’s the largest increase in more than a 40-year period.
Mar 31, 2022 · The United States Department of Agriculture released an update to its Food Price Outlook for 2022 and found that nearly everything one might ingest – whether it comes from the grocery store or...