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On the Sunday before Thanksgiving, a grocery store here was plumb out of eggs. An hour and a half north in Richfield, some eggs could be had, but they weren’t cheap. That dozen cost $1.70 more ...
Now, the Consumer Price Index reports the average price for a dozen eggs is $2.07. The side dish economy hasn't been so fortunate. Ham, potato, tomato prices soar ... Why are groceries so expensive?
"Groceries here aren't even close to as expensive as the other northern communities," she says in the video, as the prices of groceries in her local store are shown.
“Grocery prices skyrocketed during the pandemic, and in many cases, they’ve kept going up, even though the pandemic is over,” Sen. Elizabeth Warren, D-Mass., said at a Wednesday Senate hearing.
The analysis found that grocer margins had remained elevated as the inflation surge eased, though margins for other types of retailers had fallen back to historical levels. President Joe Biden and others asserted that shrinkflation , a practice of reducing portion or quantity sizes of packaged foods while maintaining the same price, was keeping ...
In 2015–2020, global food prices have been more stable and relatively low, after a sizable increase in late 2017, they are back under 75% of the nominal value seen during the all-time high in the 2011 food crisis. In the long term, prices are expected to stabilize. [42]
The bread price-fixing scandal in Canada refers to a group of competing bread producers, retailers and supermarket chains reached a secret agreement among themselves to artificially inflate the price of bread at the wholesale and retail levels from late 2001 to 2015 [1] (some sources stated that the price fixing continued into 2017 [2]).
NEW YORK (AP) — If you’ve noticed that you’re paying more than before for the same amount of groceries, you’re not the only one. Inflation is easing slightly, but grocery prices are still ...