"American Consumers Resisting Inflation-Driven Price Hikes, Says PA Food Supplier"

A Philadelphia-based food supplier warns that consumers are becoming resistant to higher prices as inflation continues to squeeze Americans, with Pennsylvania experiencing the highest grocery inflation rate of any state at 8.2% year-over-year. The average U.S. household is spending significantly more on everyday necessities due to inflation, and wholesale inflation rose more than expected in January. President Biden recently criticized grocery stores for high pricing, attributing it to "price gouging, junk fees, greedflation, shrinkflation."