Grocery inflation hits highest level since mid-2023
Tomato prices were up nearly 40% year over year in April, the quickest rate of inflation among the food-at-home categories that the BLS tracks.
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A focused stream of recent stories from the sources curated for this community. Latest: Grocery inflation hits highest level since mid-2023, Tractor Supply stock (US89151E1091): Retail pressure mounts as inflation hits margins - AD HOC NEWS, and Inflation hits 3.8%, outpaces wage growth for first time in 3 years.
Tomato prices were up nearly 40% year over year in April, the quickest rate of inflation among the food-at-home categories that the BLS tracks.
Tractor Supply stock (US89151E1091): Retail pressure mounts as inflation hits margins AD HOC NEWS
Wary consumers may finally pull back on spending amid broad price hikes. “The squeeze is real,” Navy Federal Credit Union Chief Economist Heather Long said.