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Grocery price inflation has come a long way since hitting 13.5% in the summer of 2022, but January saw a notable jump with prices up 1.9% from the same month last year, up from 1.2% in January 2024.
Shoppers in the meat aisle may have noticed something weird last month: Bacon prices are sizzling, but ham’s not so hot. Bacon is more expensive than it was a year ago, with prices up 6.9% from ...
Eggs had the most expensive price increase at 37.5%. Most meat and fresh vegetables became more expensive, with annual increases ranging from 0.7% to up to 5.1%. Hers
Today’s bacon price is only 2% higher than it was at its peak during Trump’s presidency, in September 2017.
Three big bacon producers — Tyson, Hormel and JBS — reported record sales in 2022, when bacon prices hit a peak of $7.61 a pound. Eventually, those higher prices reduced demand. In the year ending Oct. 1, 2022, U.S. consumers bought 8% fewer packages of bacon than in the prior year, according to Nielsen.
Eating a quality home-cooked meal is becoming more of a luxury in 2022 as the prices of groceries continue to go up, according to the latest Consumer Price Index report released Thursday, October ...
“Bacon is up five times.” Trump's math is wrong, but bacon has seen some sizzling price increases. According to federal data, U.S. bacon prices peaked in October 2022 at $7.60 a pound, up 30% from October 2019. In September, bacon averaged $6.95 a pound, 25% higher than five years ago.
Grocery prices in the United States cooled in August, up just 0.2% for the month. That’s an improvement from July, when grocery prices were up 0.3%, according to the latest Consumer Price Index ...
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