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Grocery Prices

All articles tagged with #grocery prices

December grocery prices surge to the sharpest monthly jump since 2022
economy1 month ago

December grocery prices surge to the sharpest monthly jump since 2022

December grocery prices rose 0.7%, the fastest monthly gain since August 2022, with food-at-home up about 2.4% year over year; eggs fell more than 20% from a year ago after tariff rollbacks, but staples such as coffee, beef and candy rose double digits. The overall CPI was up 2.7% YoY and core inflation 2.6%, signaling ongoing price pressures for households even as inflation cools from its peak. Contributing factors include higher labor costs and supply disruptions from weather, disease, and the war in Ukraine, with tariffs playing a role in some price changes.

Major Retailers Offer Cheaper Thanksgiving Deals Amid Budget Concerns
business3 months ago

Major Retailers Offer Cheaper Thanksgiving Deals Amid Budget Concerns

Target and other retailers are lowering prices on essential food items like milk, eggs, and butter ahead of the holiday season to help consumers manage tight budgets amid economic uncertainty and delays in SNAP benefits caused by a government shutdown. These price cuts aim to attract shoppers and offset increased demand, with some stores also reviving holiday promotions to boost sales. The situation highlights ongoing financial struggles for many Americans despite reports of a strong economy.

Rising Grocery Prices Challenge Trump's Inflation Claims
politics3 months ago

Rising Grocery Prices Challenge Trump's Inflation Claims

The article criticizes President Trump for falsely claiming that grocery prices are down, highlighting that inflation for food has actually increased due to tariffs he imposed, which have raised costs on imports like coffee and seafood. Experts and statistics show that prices are rising faster under his trade policies, contradicting his claims, and emphasizing the widespread impact on American consumers.

Fact check: Grocery prices and inflation realities
fact-checking4 months ago

Fact check: Grocery prices and inflation realities

New inflation data shows grocery prices have increased since Trump took office, contradicting his claims that they are 'way down.' Prices rose 0.3% from August to September and are about 2.7% higher than a year ago, with broad increases across most categories. Experts attribute some of the rise to tariffs and trade policies implemented during his administration.

Fact Check: Trump's Recent Economy Claims
politics5 months ago

Fact Check: Trump's Recent Economy Claims

The article fact-checks President Trump's recent claims about the U.S. economy, finding that while some aspects like gasoline prices and mortgage rates have improved, others such as energy costs, grocery prices, and inflation are not as favorable as claimed. Overall, economic indicators show mixed results, with some metrics improving and others remaining problematic, contradicting the president's optimistic assertions.