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After five years of food inflation, here’s how much you can buy with $100 at the grocery store. Prices for hundreds of grocery store items have increased more than 50% since 2019 as food companies raised their prices. Executives have said that higher prices were needed to offset their own rising costs for ingredients, transportation and labor. Some U.S. lawmakers and the Biden administration have criticized food companies for using tactics such as shrinkflation, in which companies shrink their products—but not their prices. Graphics and illustrations: Stephanie Stamm Producer: Siemond Chan #inflation #groceries #shrinkflation #economy #wsj #thewallstreetjournal #wallstreetjournal
Duration: 0 sPosted : Fri, 12 Apr 2024 02:18:30Views
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