Five grocery items with big price jumps amid high inflation

Concerns about skyrocketing gas prices in the United States have been a major concern for Americans this year, but high inflation has also led to soaring grocery prices.

The consumer price index (CPI) has risen 8.5% over the past 12 months, with the United States Department of Agriculture (USDA) recording strong increases in everything from fruits and vegetables to meats and dairy products.

Below are the five grocery items with the largest 12-month cost increase, according to the USDA and the Bureau of Labor Statistics.

Beef and veal products

Uncooked beef and veal saw the biggest rise on store shelves, rising 20.4% over the past year.

Uncooked beef roasts increased by 17.7% and beef steaks by 16.4%.

A severe labor shortage in the meatpacking industry caused by the COVID-19 pandemic has contributed to higher meat prices.

citrus fruits

Citrus fruits, including lemons, limes and grapefruits, climbed 19.5%.

Prices for oranges and tangerines increased by 18.3%.

A myriad of factors have pushed up fresh produce prices, including rising wages in Mexico, a major importer of fruits and vegetables, and a drought in California, according to the Washington Post.

Bacon

Bacon products climbed 18.2% last year.

Breakfast sausages have also grown significantly, at 16.5% over the past 12 months.

Margarine and peanut butter

The price of margarine rose 15.8% annually, while peanut butter rose 15.8% last year.

Butter production fell 1.4% from February 2021 and 5.4% from January, according to the latest USDA report.

Fresh and frozen chicken pieces

Chicken cuts, which include packages of drumsticks, thighs and breasts, rose 15.1%.

The price of birds could rise again as bird flu has spread across the country and in some cases affecting commercial flocks.

Leave a Comment