Survey: 85% of Americans are paying more for groceries during pandemic - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

It's not just your imagination — 85% of Americans say they're paying more for groceries during the pandemic

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.According to a new study by market research firm C+R Research, 85% of shoppers are paying more for groceries during the coronavirus pandemic.Higher meat prices were caused by supply chain issues early on in the pandemic, but have since dropped as production has ramped up again.

Survey respondents also expressed a high level of pessimism for the future, with 87% worried about the effect of a second wave of coronavirus cases on the availability of groceries.A new study by C+R Research confirms what most Americans already knew: shoppers are paying more at the grocery store during the pandemic.that 85% of 2,040 Americans surveyed have been shelling out more for groceries in recent months.

Nearly 70% of survey respondents said they are currently paying more for meat compared to before the pandemic. Of the different kinds of meats, beef has witnessed the greatest price increase, at 10.3%. Early on in the pandemic, a caused by coronavirus outbreaks at meatpacking plants resulted in a supply shortage at grocery stores and restaurants alike.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You are the new buzzfeed

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Media job seeker key takeaways during pandemic from top recruiters - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Americans grew more pessimistic about job prospects amid pandemic: New York Fed surveyAmericans faced a tougher labor market in early summer as more people lost jobs during the pandemic and became more pessimistic about their employment prospects going forward, according to a survey released by the New York Federal Reserve on Monday. Trump Depression!
Source: Reuters - 🏆 2. / 97 Read more »

UK manufacturers see little sign of 'V'-shaped recoveryBritish manufacturers see no evidence of a 'V'-shaped recovery from the coronavirus pandemic underway and many are planning to slash investment, a business survey showed on Monday. Ain't gonna be no V's anywhere. Dont see the price of the audi R8 or Q8 coming down though ? Must be doing ok!! Still lockdown unable to gather in too many places
Source: Reuters - 🏆 2. / 97 Read more »