Why food prices still feel so high : NPR

Jul 13, 2024 · Why food prices still feel so high Food prices have largely leveled off, but many people are still frustrated when they go to their local grocery store. Special Series How …

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Inflation Has Cooled A Lot. So Why Do Things Still Feel So ... - KNPR

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Dec 16, 2023 · Simply put, falling inflation, or "disinflation," means prices are rising more slowly than they had been. That's a good thing. Grocery prices have climbed less than 2% in the last …

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Are grocery prices still high?

Grocery prices are no longer climbing as much as they did in the last two years — but many Americans are still frustrated by what it costs to put food on the table. Some people have apparently hit their limit, with one of the biggest snack makers reporting a fall in sales this spring due to shoppers' sensitivity to rising prices. ...

Why are food prices rising?

The cost of many foods — especially beef, pork and poultry — is rising fast, largely due to supply chain issues. For many, that can mean hard decisions at the grocery store. MARY LOUISE KELLY, HOST: And now to something that affects just about all of us - rising food prices. ...

Why does inflation still feel so expensive?

Inflation has cooled significantly in recent months, yet many people are still paying more for a lot of things. That's because easing inflation doesn't actually mean prices are falling — it just means prices are rising more slowly. And that's a good thing for the economy. ...

Will grocery prices fall if inflation slows?

While the overall cost of groceries is unlikely to fall substantially, there is a silver lining. As grocery inflation slows, wages are catching up. Over the last year, average wages have risen 3.9%, or about three and a half times as fast as grocery prices. ...

Is a decrease in prices a good thing?

While many people want to see prices come down (deflation), it's not generally good for the economy. Inflation has fallen sharply — from a peak of 9.1% last year to just 3.1% in November. ...

Are rising food prices souring the electorate's mood?

The radio version of this piece was produced by Elena Burnett and edited by William Troop. Grocery prices are a key component of any household budget, and rising food prices can sour the electorate's mood. ...