Grocery Prices
Continue To Surge , in the US.
CNN reports grocery prices in the
United States continue to rise.
CNN reports grocery prices in the
United States continue to rise.
In 2021, the prices of meat,
seafood and produce rose by 9%.
Experts say supply chain issues, a labor shortage and the ongoing COVID-19 pandemic are to blame.
A lot of that is actually a delayed reaction from the [issues and volatility] that the supply chain
has been feeling for the
last several months. , Doug Baker, vice president of industry relations
at The Food Industry Association, via CNN.
They put off as long as possible, and now we're
going to feel the effects of
that for the next few months. , Doug Baker, vice president of industry relations
at The Food Industry Association, via CNN.
Experts say costs have risen for labor,
fuel and transportation.
Prices have been driven higher by a
shortage of available workers and
increased demand for goods.
The extraordinary cost pressure that we're seeing across all different businesses right now is landing in that last resort, , Tony Sarsam, CEO of SpartanNash, via CNN.
... and that's why you're seeing the inflation. , Tony Sarsam, CEO of SpartanNash, via CNN.
The Biden Administration has accused some of the country's larger corporations of
raising prices merely to drive profits.
Experts project more surging grocery
prices in the next several months