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Grocery Store Prices Soar Amid Coronavirus Pandemic

Grocery Store Prices Soar Amid Coronavirus Pandemic

Prices took a leap in April

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Trying hard to cut your grocery bill in half but still feeling like your bill has been slightly higher than usual? New data released by the United States Bureau of Labor Statistics proves you're right — food prices have been on the rise.

Brown Eggs or White? And Other Grocery Questions Answered

Grocery shopping is different during coronavirus, and not just because you should wear face masks while in store. According to a new economic news release by the U.S. Bureau of Labor Statistics documenting the consumer price index, the price of groceries jumped from 0.5% adjusted in March to 2.6% adjusted in April. In a 12 month period ending in April 2020, grocery store prices rose 4% unadjusted.

The six major grocery store food groups increased by 1.5% over the month of April, but, according to the data, the price index for meats, poultry, fish and eggs jumped the highest, rising 4.3%. In its largest monthly increase ever, the price index for cereal and bakery products rose 2.9% in April. Grocery shoppers have also found new ways to take their eggs to the next level, and they're paying for it. The price of eggs has changed a lot over the years, but between March and April, eggs increased 16.1%.

Each state has a popular coronavirus cocktail, but Americans are also consuming a high number of nonalcoholic beverages. According to the data, the index for nonalcoholic beverages rose 2.9% in April, its fourth consecutive increase. Americans are also spending time quarantined enjoying their fruits and vegetables: the index for fruits and vegetables both increased 1.5% in April. The index for dairy and non-dairy products also increased by 1.5%. As more and more people become home cooks, saving money at the grocery store might become a challenge, especially considering the average price changes for popular grocery store items during coronavirus.


Food prices are rising. Use these 6 expert tips to slash your grocery bill

With many Americans spending more time at home cooking — coupled with rising food costs —sometimes it feels like income is emptying from our wallets directly into to our pantries. That's where better budgeting can help.

“As a result of the COVID-19 pandemic, grocery prices noticeably increased for consumers. Overall, there was a year-to-year increase of about 6%, which Americans felt in their wallets," Diane McCrohan, associate professor in the College of Business at Johnson & Wales University, told TODAY Food. "There were several reasons for the price increases: the rapid increase of eating at home supply chain issues and enhanced safety precautions."

In 2021, the US Department of Agriculture’s Economic Research Service predicted food purchased at grocery stores will increase an additional 1 to 2% and food-away-from-home will increase between 2 and 3%.

"Grocery prices could climb higher depending upon the vaccination rollout and how quickly the U.S. turns the tide on the pandemic," McCrohan added. "If we continue, as expected into the summer, we could see higher prices."


Food prices are rising. Use these 6 expert tips to slash your grocery bill

With many Americans spending more time at home cooking — coupled with rising food costs —sometimes it feels like income is emptying from our wallets directly into to our pantries. That's where better budgeting can help.

“As a result of the COVID-19 pandemic, grocery prices noticeably increased for consumers. Overall, there was a year-to-year increase of about 6%, which Americans felt in their wallets," Diane McCrohan, associate professor in the College of Business at Johnson & Wales University, told TODAY Food. "There were several reasons for the price increases: the rapid increase of eating at home supply chain issues and enhanced safety precautions."

In 2021, the US Department of Agriculture’s Economic Research Service predicted food purchased at grocery stores will increase an additional 1 to 2% and food-away-from-home will increase between 2 and 3%.

"Grocery prices could climb higher depending upon the vaccination rollout and how quickly the U.S. turns the tide on the pandemic," McCrohan added. "If we continue, as expected into the summer, we could see higher prices."


Food prices are rising. Use these 6 expert tips to slash your grocery bill

With many Americans spending more time at home cooking — coupled with rising food costs —sometimes it feels like income is emptying from our wallets directly into to our pantries. That's where better budgeting can help.

“As a result of the COVID-19 pandemic, grocery prices noticeably increased for consumers. Overall, there was a year-to-year increase of about 6%, which Americans felt in their wallets," Diane McCrohan, associate professor in the College of Business at Johnson & Wales University, told TODAY Food. "There were several reasons for the price increases: the rapid increase of eating at home supply chain issues and enhanced safety precautions."

In 2021, the US Department of Agriculture’s Economic Research Service predicted food purchased at grocery stores will increase an additional 1 to 2% and food-away-from-home will increase between 2 and 3%.

"Grocery prices could climb higher depending upon the vaccination rollout and how quickly the U.S. turns the tide on the pandemic," McCrohan added. "If we continue, as expected into the summer, we could see higher prices."


Food prices are rising. Use these 6 expert tips to slash your grocery bill

With many Americans spending more time at home cooking — coupled with rising food costs —sometimes it feels like income is emptying from our wallets directly into to our pantries. That's where better budgeting can help.

“As a result of the COVID-19 pandemic, grocery prices noticeably increased for consumers. Overall, there was a year-to-year increase of about 6%, which Americans felt in their wallets," Diane McCrohan, associate professor in the College of Business at Johnson & Wales University, told TODAY Food. "There were several reasons for the price increases: the rapid increase of eating at home supply chain issues and enhanced safety precautions."

In 2021, the US Department of Agriculture’s Economic Research Service predicted food purchased at grocery stores will increase an additional 1 to 2% and food-away-from-home will increase between 2 and 3%.

"Grocery prices could climb higher depending upon the vaccination rollout and how quickly the U.S. turns the tide on the pandemic," McCrohan added. "If we continue, as expected into the summer, we could see higher prices."


Food prices are rising. Use these 6 expert tips to slash your grocery bill

With many Americans spending more time at home cooking — coupled with rising food costs —sometimes it feels like income is emptying from our wallets directly into to our pantries. That's where better budgeting can help.

“As a result of the COVID-19 pandemic, grocery prices noticeably increased for consumers. Overall, there was a year-to-year increase of about 6%, which Americans felt in their wallets," Diane McCrohan, associate professor in the College of Business at Johnson & Wales University, told TODAY Food. "There were several reasons for the price increases: the rapid increase of eating at home supply chain issues and enhanced safety precautions."

In 2021, the US Department of Agriculture’s Economic Research Service predicted food purchased at grocery stores will increase an additional 1 to 2% and food-away-from-home will increase between 2 and 3%.

"Grocery prices could climb higher depending upon the vaccination rollout and how quickly the U.S. turns the tide on the pandemic," McCrohan added. "If we continue, as expected into the summer, we could see higher prices."


Food prices are rising. Use these 6 expert tips to slash your grocery bill

With many Americans spending more time at home cooking — coupled with rising food costs —sometimes it feels like income is emptying from our wallets directly into to our pantries. That's where better budgeting can help.

“As a result of the COVID-19 pandemic, grocery prices noticeably increased for consumers. Overall, there was a year-to-year increase of about 6%, which Americans felt in their wallets," Diane McCrohan, associate professor in the College of Business at Johnson & Wales University, told TODAY Food. "There were several reasons for the price increases: the rapid increase of eating at home supply chain issues and enhanced safety precautions."

In 2021, the US Department of Agriculture’s Economic Research Service predicted food purchased at grocery stores will increase an additional 1 to 2% and food-away-from-home will increase between 2 and 3%.

"Grocery prices could climb higher depending upon the vaccination rollout and how quickly the U.S. turns the tide on the pandemic," McCrohan added. "If we continue, as expected into the summer, we could see higher prices."


Food prices are rising. Use these 6 expert tips to slash your grocery bill

With many Americans spending more time at home cooking — coupled with rising food costs —sometimes it feels like income is emptying from our wallets directly into to our pantries. That's where better budgeting can help.

“As a result of the COVID-19 pandemic, grocery prices noticeably increased for consumers. Overall, there was a year-to-year increase of about 6%, which Americans felt in their wallets," Diane McCrohan, associate professor in the College of Business at Johnson & Wales University, told TODAY Food. "There were several reasons for the price increases: the rapid increase of eating at home supply chain issues and enhanced safety precautions."

In 2021, the US Department of Agriculture’s Economic Research Service predicted food purchased at grocery stores will increase an additional 1 to 2% and food-away-from-home will increase between 2 and 3%.

"Grocery prices could climb higher depending upon the vaccination rollout and how quickly the U.S. turns the tide on the pandemic," McCrohan added. "If we continue, as expected into the summer, we could see higher prices."


Food prices are rising. Use these 6 expert tips to slash your grocery bill

With many Americans spending more time at home cooking — coupled with rising food costs —sometimes it feels like income is emptying from our wallets directly into to our pantries. That's where better budgeting can help.

“As a result of the COVID-19 pandemic, grocery prices noticeably increased for consumers. Overall, there was a year-to-year increase of about 6%, which Americans felt in their wallets," Diane McCrohan, associate professor in the College of Business at Johnson & Wales University, told TODAY Food. "There were several reasons for the price increases: the rapid increase of eating at home supply chain issues and enhanced safety precautions."

In 2021, the US Department of Agriculture’s Economic Research Service predicted food purchased at grocery stores will increase an additional 1 to 2% and food-away-from-home will increase between 2 and 3%.

"Grocery prices could climb higher depending upon the vaccination rollout and how quickly the U.S. turns the tide on the pandemic," McCrohan added. "If we continue, as expected into the summer, we could see higher prices."


Food prices are rising. Use these 6 expert tips to slash your grocery bill

With many Americans spending more time at home cooking — coupled with rising food costs —sometimes it feels like income is emptying from our wallets directly into to our pantries. That's where better budgeting can help.

“As a result of the COVID-19 pandemic, grocery prices noticeably increased for consumers. Overall, there was a year-to-year increase of about 6%, which Americans felt in their wallets," Diane McCrohan, associate professor in the College of Business at Johnson & Wales University, told TODAY Food. "There were several reasons for the price increases: the rapid increase of eating at home supply chain issues and enhanced safety precautions."

In 2021, the US Department of Agriculture’s Economic Research Service predicted food purchased at grocery stores will increase an additional 1 to 2% and food-away-from-home will increase between 2 and 3%.

"Grocery prices could climb higher depending upon the vaccination rollout and how quickly the U.S. turns the tide on the pandemic," McCrohan added. "If we continue, as expected into the summer, we could see higher prices."


Food prices are rising. Use these 6 expert tips to slash your grocery bill

With many Americans spending more time at home cooking — coupled with rising food costs —sometimes it feels like income is emptying from our wallets directly into to our pantries. That's where better budgeting can help.

“As a result of the COVID-19 pandemic, grocery prices noticeably increased for consumers. Overall, there was a year-to-year increase of about 6%, which Americans felt in their wallets," Diane McCrohan, associate professor in the College of Business at Johnson & Wales University, told TODAY Food. "There were several reasons for the price increases: the rapid increase of eating at home supply chain issues and enhanced safety precautions."

In 2021, the US Department of Agriculture’s Economic Research Service predicted food purchased at grocery stores will increase an additional 1 to 2% and food-away-from-home will increase between 2 and 3%.

"Grocery prices could climb higher depending upon the vaccination rollout and how quickly the U.S. turns the tide on the pandemic," McCrohan added. "If we continue, as expected into the summer, we could see higher prices."


Watch the video: Nigerians lament rising cost of living as food prices soar, inflation at 4-year high (December 2021).