US Grocery Costs Jump The Most In 46 Years, Led By Rising Prices For Meat And Eggs

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Prices Americans paid for eggs, meat, cereal and milk shot higher in April as people flocked to grocery stores to stock up on food amid government lockdowns designed to slow the spread of Covid-19.

The Labor Department reported Tuesday that prices U.S. consumers paid for groceries jumped 2.6% in April, the largest one-month pop since February 1974. The spike in supermarket prices was broad based and impacted items from broccoli and ham to oatmeal and tuna.

The price of the meats, poultry, fish and eggs category rose 4.3%, fruits and vegetables climbed 1.5%, cereals and bakery products advanced 2.9%, and dairy goods gained 1.5%. Read more at CNBC.

{Matzav.com}

3 COMMENTS

  1. Now that Pesach is past prices are coming down. The week of Pesach eggs were $3.69/dz. Now they’re back to $1.29/dz.

  2. Where are all the progressives now? There should be a food strike instead of a rent strike! You should be able to go into your local bodega or grocery and take stuff off the shelf without paying

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