What’s happening with prices at the grocery store?

If you think food prices are increasing, you are right.

I’ve been sent an analysis from Trace One.

Trace One says “grocery prices rose 0.7% in December, the largest one-month increase since October 2022—underscoring how food costs remain a major pain point for households even as broader inflation cools.”

Some of its findings:

• Grocery inflation has outpaced broader inflation since the pandemic began.
• Beef products have seen the sharpest price increases.
• Average household grocery spending is nearing $700 per month nationally.

Comment

I’m kind of shocked by what food is costing these days.  In writing What to Eat Now, I could see that prices doubled since I wrote What to Eat in 2006.  BPut now they’ve gone up even more.  This is fine if income is going up too.

But what if it’s not?

And what if SNAP benefits are cut?

These are tough times.