(The Center Square) – Newly released polling data shows that inflation is causing most Americans to cut back at the grocery store.
Morning Consult released the survey results, which showed that 82% of American shoppers report trying to save on groceries in the last month because of inflation with more and more Americans simply buying less at the store.
“The most common cost-saving actions are comparing prices and buying generic or store brands instead of name brands,” Morning Consult said. “Consumers have consistently relied on these tactics, but recently a growing number have been employing a different approach: buying less overall.”
The poll comes after federal inflation data from the Bureau of Labor Statistics showed both consumer and producer prices rose more than 8% in the previous 12 months. Other items rose far more. Energy prices, for instance, rose nearly 20% in the last 12 months.
“The food at home index rose 13.0 percent over the last 12 months,” BLS said in its release of data earlier this month. “The index for cereals and bakery products increased 16.2 percent over the year and the index for dairy and related products rose 15.9 percent. The remaining major grocery store food groups posted increases ranging from 9.0 percent (meats, poultry, fish, and eggs) to 15.7 percent (other food at home).”
The cost of eating out rose as well, though not as much as grocery prices.
“The index for food away from home rose 8.5 percent over the last year,” BLS said. “The index for full service meals rose 8.8 percent over the last 12 months, and the index for limited service meals rose 7.1 percent over the same period.”
The poll found poorer Americans are being hit the hardest by higher prices, leaving them most likely to cut back on groceries.
“This behavior is most common among people from lower-income households, who are more likely to have to stay within a monthly budget than higher earners,” Morning Consult said. “But those in the highest income range, earning at least $100,000 annually, are also 6 percentage points more likely to say they often buy less.”
Gee ya think Sherlock?
The return of the ramen noodle.
AND cheese on toast for dinner.
Not only buying less but less on the shelves, some shelves even empty.
Do I vote for free Abortion rights I may never use, or do I vote for affordable Food and energy that I and my live children need every Day????? This one is a no brainer, especially for productive Self-governing women.
Of course this is happening, this actually has been going on for awhile now. The food prices just went crazy, and really not for any valid reason. Don’t know who started it but they still haven’t shown the country what the real reasons are for the big increases, other than greed maybe?
And you are a nasty troll. Any moron can see that if the price of fuel goes up so does the cost of food. It has increased 100% since Trump. And yet you try to bring “greed” into it typical liberal
Not to pick on you Gus, but you have given us a first hand example of why Biden can stand at that microphone and lie, lie, lie, and people believe him.
Biden cut pipelines and limited energy companies on his first day in office. The US went from energy independence under Trump to begging OPEC for oil under Biden just 2 years later.
Why does food cost more? The simplest reason is because energy is necessary to get it to market. Energy is necessary for the suppliers of food to get the things they need to produce food.
The supply lines need energy to transport everything. Biden couldn’t handle the strikes and other problems at our ports. He still hasn’t and it takes longer and costs more to hire employees and deliver goods because of that mess.
Biden thinks that we will all turn to electricity tomorrow if he can make oil cost enough today. He isn’t smart enough to realize he will bankrupt the country first. He does seem to realize that he’s about to lose Congress over it.
It’s just really hard for me to think that anyone has lived through the last 2 years and believes Biden when he says the problem is greed.
I Honestly think he DOES KNOW WHAT this is doing to our nation, BUT ITS HIS and his masters agenda to DO ALL OF THIS.
Thanks JB. We went from the most prosperous country to almost a third world nation all thanks to you.
No valid reason ??
Quite possibly, the price increases are directly related to the cost of fuel, (gasoline, diesel, and jet fuel) tripling in cost since Babbling Biden took office.
Everything we buy at the market, or any consumer goods for that matter, have to be shipped in from someplace else.
Cost of fuel goes up, everything we buy goes up.
Add to that, all the states PUSHING issues that HAMPER TRUCK Drivers, which are the LIFE BLOOD of those goods being shipped all over our nation!
My healthy eating has gone. So much for natural and organic. Now it’s whatever fills my stomach.
Yes, that’s what happens. Parents quit buying produce for their families and buy macaroni, beans and the cheapest meats they can find, if they can afford meat at all.
And senior citizens. It makes me sad to think of it.
I’ve often wondered, WHY JUNK Food is often cheeper by far, than the healthy stuff.
Cheaper to grow produce with herbicides and pesticides, you get more produce per acre. It’s cheaper to raise animals by feeding them hormones so they grow faster, putting them in teeny pens so all they do is eat and you get more meat, dairy, eggs faster than pasture raised. Cheaper to load everything with stuff that’s going to make us ill (high fructose corn syrup, gluten, preservatives you can’t pronounce, etc.)
But, in the words of Esther, “If I perish, I perish.”
Increasing food expenses are a result of rising fuel cost, climate issues most notably found with produce, increased cost of labor and real supply chain issues affecting everyone of us. How about shrinkflation which is the holding of pricing but for a smaller portion. I just read that the cost of turkey has risen thirty percent due to a limited supply resulting from outbreaks of poultry disease. Try buying olive oil; Italy & Spain, the world leaders in production of this product suffered drought and excessive heat this summer severely affecting supply. Even beer has been affected by shortages of aluminum and Co2, of all things. Note that none of these items mentioned are anything remotely close to corporate greed which is a very small, if at all, motivating factor. Companies are struggling to maintain their profits while dealing with supply shortages, labor costs rising and cost of product movement having doubled plus recently.
Good job Democrat voting sheeple! Your low IQ’s have done it again, believing the Dunce in Chief, you know, Joe the Grifter, the corrupt idiot who took showers with his teenage daughter. My God, how dumb can you be!