Grocery Prices Have Jumped Up, and There's No Relief In Sight | KQED
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Grocery Prices Have Jumped Up, and There's No Relief In Sight | KQED
""We all have to eat. And food is very personal," says David Ortega, a food economist at Michigan State University."
""Grocery prices have become a hot-button political flash point over the past couple of years.""
""Groceries went through the roof. And I campaigned on that," Trump told a White House audience in April."
""Tariffs are simply a tax on imported goods," Ortega says. "So that raises the cost, and ultimately consumers see that at the grocery store.""
Food prices rose 3.2% in the last 12 months, outpacing overall inflation. Fifty-three percent of people surveyed by The Associated Press and NORC said rising grocery prices are a significant source of stress. Pandemic-related supply-chain disruptions and restaurant closures shifted demand toward groceries as consumers prepared more meals at home. Tariffs on imports and immigration enforcement that affects farm and processing labor are adding upward pressure on grocery costs. Coffee prices climbed more than 20% amid adverse weather in producing countries and added import taxes. Consumers are stockpiling staples and cutting consumption to cope with higher prices.
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