Jul 25, 2022 - News
It's not your imagination: Food got expensive
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If your grocery tab has been giving you sticker shock lately, you're not alone.
Driving the news: Nationwide, food prices were 10.4% higher in June compared with a year earlier, according to Consumer Price Index data from the Bureau of Labor Statistics.
Yes, but: The prices on some common items rose even further.
- Buying eggs became 33.1% more expensive year over year.
- Butter and margarine? An extra 26.3%.
- Even soup was 16% pricier this June than last.
The bottom line: Cooking at home can still save you money — but with some of these prices, it doesn't always feel that way when you're going through the checkout line.