grocery prices

Bipartisan Bill Looks To Address Meatpackers
Bipartisan Bill Looks To Address Meatpackers
Bipartisan Bill Looks To Address Meatpackers
On Tuesday, Oregon senator Ron Wyden joined fellow Democrat Peter Welch of Vermont, as well as Republicans Mike Rounds  of South Dakota and Iowa's Chuck Grassley introducing legislation aimed at lowering skyrocketing grocery bills by cracking down on America’s “Big Four” meatpackers.  Tuesday’s announcement no...
USDA Food Prices Moved Up In December
USDA Food Prices Moved Up In December
USDA Food Prices Moved Up In December
According to the latest USDA Food Prices Outlook, food prices moved higher, both month-over-month and year-over-year.   "For all food prices increased by .2% in December and they were 2.5% higher than they were in December of 2023,” noted USDA economist Megan Sweitzer.  She added, when co...
Food Price Inflation Lower Than “Traditional” Inflation
Food Price Inflation Lower Than “Traditional” Inflation
Food Price Inflation Lower Than “Traditional” Inflation
In the year 2022, the food we bought at the grocery store went up in price by 11 ½% and up another 5% last year.  But what about this year?   “Grocery prices are predicted to increase by 1.2%.”  A rate of food price inflation that Megan Sweitzer, USDA economist described as very, very low.  She added that grocery price inflation ha...
USDA: Food Prices Moved Higher In September
USDA: Food Prices Moved Higher In September
USDA: Food Prices Moved Higher In September
In August, many consumers were happy to hear that grocery store food prices fell 0.1% from July to August.  However, the Food Price Index during September did a big bounce back, going up by almost half a percent.   “That is the highest monthly growth in grocery prices since January," noted USDA economist Megan Sweitzer.  She added the Amer...
FTC to Study High Food Prices
FTC to Study High Food Prices
FTC to Study High Food Prices
The U.S. Federal Trade Commission will look into why grocery prices are still high despite falling costs for retailers.  FTC Chair Lina Khan made the announcement during a public meeting with officials from the Justice Department on pricing practices. Whe...
Pandemic Food Away From Home Spending Varied
Pandemic Food Away From Home Spending Varied
Pandemic Food Away From Home Spending Varied
Data from USDA’s Economic Research Service shows food away from home spending varied during the first year of the COVID-19 pandemic.  In April 2020, spending at full-service restaurants declined 71% compared with April 2019.  Spending at fast-food restaurants fell 32%, and spending at all other food-away-from-home establishments dropped 41% over the same period.   Full-service res...

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