According to the U.S. Bureau of Labor Statistics, the prices of bakery products, eggs, fish, meat, poultry, non-alcoholic beverages, dairy products, fruits, and vegetables have all been raised.
Refinery 29 reported that eggs saw a surge, raising it by 16.1% .
Bakery products and cereal saw their “largest monthly increase ever,” with 2.9%.
Non-alcoholic beverages had a surge in price by 2.9%.
Dairy products as well as fruits and vegetables both rose 1.5%.
In total, the cost of food from the grocery has it’s largest monthly increase since February 1974.
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It’s important to note that a 2.9% increase, for example, does not mean the cost of bakery products went up 2.9%. The Consumer Price Index (CPI) measures the average change in price for certain consumer goods and the U.S. Bureau of Labor Statistics publishes a monthly summary of the latest updates. So while it doesn’t necessarily mean your local flour bag is 2.9% more expensive, the index does measure an upward trend in the cost of groceries. In short, grocery items are getting more expensive.
As we learned with the meat shortage, the novel coronavirus has disrupted every step of production, distribution, and supply while demand from home cooks adds pressure to an at-risk and unprotected labor force. A swirl of COVID-19 related factors is to blame for that uptick on grocery costs.
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