Grocery Prices Continue to Climb

(Undated) — Rising grocery prices are among the top of the list of causes of stress for many of us. According to the latest Consumer Price Index, grocery prices rose zero-point-six-percent from July to August, marking the steepest one-month gain in roughly three years. Groceries are now two-point-seven-percent higher than a year ago and up nearly thirty-percent from before the pandemic. Experts say there are several reasons for the increase, including supply-chain disruptions from COVID-19, Russia’s invasion of Ukraine in 2022, the bird flu, and climate change. While President Trump’s trade policies haven’t pushed up consumer prices as much as many economists feared, some items, including coffee, beef, and fresh produce, are starting to feel the impact. Many believe that beef prices are driving overall grocery prices higher. The latest CPI price of beef showed a 2.7% increase from July to August.