February 14, 2025
When shoppers complain about the inflation rate, they are really angry about how grocery prices have gone up.
When shoppers complain about the inflation rate, they are really angry about how grocery prices have gone up.
While rising grocery prices are easy to recognize every time we shop, the causes of inflation have been more complex.
Looking at reasons for firms' price increase decisions, we can precisely see what fueled inflation during the past two years.
A Consumer Price Index (CPI) that went up by just .6 percent during the past year hides a much larger increase in some grocery prices.