grocery prices

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...

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...

Agriculture Department economists are predicting that this year the foods we buy at the grocery store will go up in price by an average of 1.1%.  However, “Food away from home or restaurant, prices are predicted to increase by 4.1%, noted USDA econo...

A new survey finds consumers expect to pay more for groceries this year.  Progressive Grocer reports the 2023 KPMG Winter Consumer Pulse Survey shows consumers anticipate increased prices, but are looking for ways to save money.  The Survey shows consumers expect a 15% increase in grocery spending this year.  Meanwhi...

It looks like that Thanksgiving dinner is going to be more expensive this November.  Turkey prices are 73% higher than last year and analysts say they could stay that way through the holiday.  The dramatic increase is largely due to the spread of bird flu, which led to a smaller supply.  Accordi...

The United Nations’ Food and Agriculture Organization says food prices dropped 1.1% from August to September, marking the 6th straight monthly decline.  The drop in the Food Price Index was driven by a sharp fall in the international prices of vegetable oils and moderate decreases in those of sugar, meat, and dairy products.   Togeth...