Grocery prices see a record-breaking April spike in United States - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Grocery prices see a record-breaking spike as US shoppers continue to stock up at the supermarket during the coronavirus pandemic

Lucas Jackson/Reuters

BLS reported that the index for "food at home" — predominantly food items purchased in grocery stores — increased by 2.6%. That is the largest monthly increase since February 1974. Over the past year, the food at home index went up 4.1%. In April, the United States Department of Agriculturean outlook on food prices that noted that "grocery stores are experiencing increased demand," thanks to the coronavirus pandemic. With more and more people stocking up on food at the grocery store, demand for products in the "food at home" category has spiked.

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 CA
 

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

Well, folks like myself who don't have the means to hoard and also need to go on a diet, looks like this will help. No food left because some idiots think the world will end, will make people like me suffer even more...

Canada Canada Latest News, Canada Canada Headlines

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

China's April passenger car retail sales down 5.6% year-on-year: industry bodyChina's passenger car retail sales in April fell 5.6% from a year earlier to 1.43 million, the China Passenger Car Association said on Monday, as the country gradually recovers from the coronavirus. only 5.6,not bad.
Source: Reuters - 🏆 2. / 97 Read more »