Megan Sweitzer

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...

The smallest yearly hike in grocery store food prices in six years.  That, according to the USDA, is what 2024 has given food shoppers with prices up this year by only 1.2%.   “Lower than the average over the past 20 years, which has been an average of 2.7% per year," said U...

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...

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...