Food prices still stubbornly high but seeing some easing | CNN Business

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The cost of food is still hard to swallow, but the latest Consumer Price Index shows that those price increases — by and large — are at least growing at slower rates.

In December, “food at home” prices increased 0.2% from the month before, according to data released Thursday by the Bureau of Labor Statistics. That’s the smallest monthly increase since March 2021. On an annual basis, however, grocery prices remain stubbornly high at 11.8% year over year. “Even though we’re seeing inflationary pressures ease, we still have a war in Ukraine,” said Tom Bailey, senior consumer foods analyst with Rabobank.

But even though eggs and seemingly every other ingredient have risen in price during the past year, Quinn and The Hungry Monkey have chosen to eat the cost. “I’m trying to hold the line on the prices without having to increase them,” Quinn said. “It makes it extremely challenging for a mom-and-pop [business].” He added: “We’re just trying to stay alive and hope that things will come down.” The expectations are for food price increases to continue to moderate, Bailey said.

 

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Not to mention the food processing plants I. The USA seem to be burning down or blowing up at an alarming rate. Stock up it's gonna get ruff

Yea my ass

Don't worry folks. The ship is only sinking a little slower than expected.

Thanks a democrat for the mass inflation, they owe you money.

Lies

1. Trump Secret Docs: - “Nuclear codes!” - “Names and sources!” - “National security at Risk!” - “Possible WW3!” 2. Biden Secret Docs: - “Just a mistake by an honest guy” 3. Common to both: - No one knows the contents of either set of documents.

CNN is still democrats propaganda machine

IRGCterorrists

Because the traitor media rigged the election......DIDN'T YOU !!! ALL THE SHIT THAT IS HAPPENING IS BECAUSE OF YOU !!! NO ONE ELSE , BUT THE CORRUPT MEDIA. DISGUSTING

You get what you voted for

What

I bought a dozen eggs last week for $6.29 and noticed they’d jumped to $6.49 in one week while I was shopping this evening. 0.20 cents in a week is crazy.

Always so positive CNN. It’s like having Cancer. It’s bad.stage 4 and it’s going to kill you and everything you love but it’s only growing a little more each day. Impeach Joe Biden and stop watching CNN. The only cure for this type of cancer!

SO... Can the VP declassify Top Secret information? Biden had Top Secret information in his GARAGE for AT LEAST 6 YEARS! You can see it in this picture

Everything is more expensive with Biden’s inflation. We deserve better.

You already can barely afford to live but at least it'll only get worse at 'slower rates'👍

Two years of Biden and we are living in communist Russia.

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