Depending on where you live, food prices nationwide are a lot higher than pre-pandemic standards. Shoppers complain that the amount they spend at the grocery store is a lot more than in years past, while they are not getting more food. In some cases, consumers say they spend more for less food.
The U.S. Census Bureau announced the average U.S. family with children currently spends an estimated $331 a week on groceries.
Here in Virginia Beach, VA, shoppers told CBN News they’re noticing price hikes across the board.
“Used to be you could get a loaf of bread for two dollars, and now it’s like five dollars for a loaf of wheat bread,” said Noelle Heath.
“Usually I like to buy my cans of beans for 49 cents. Now they’re almost a dollar each,” said Elsie Melendez.
“Eggs, milk, stuff like your necessities, have gone up,” James said.
The Consumer Price Index announced the most recent data shows grocery prices continue to increase on top of already inflated prices, but the latest uptick was only slight.
Mark Hamrick, senior economic analyst and Washington Bureau Chief for Bankrate.com, told CBN News, “The price of food at home is actually up just 1.3
The remainder of this article is available in its entirety at CBN