Occupy Underground
Related: About this forumHow Swelling Grocery Bills Are Crushing the Poorest
The cost of eggs and bread is soaring a trend thats particularly punishing for the poorest Americans.
Average food prices climbed an annualized rate of 10.4% in June, the Bureau of Labor Statistics reported on July 13, 2022. The gains were driven primarily by the cost of groceries, which jumped the most since the 1970s, by 12.2%. Overall inflation was up 9.1% from a year earlier.
These sharp increases have startled consumers, in large part because food costs had been rising moderately for decades.
While all Americans have seen their grocery bills swell, many may not fully appreciate the enormous burden that rising food costs pose for low-income households. The reason is simple: Poor families spend a much larger share of their income on food than the median household.
https://flaglerlive.com/178606/poverty-groceries/
Meanwhile...
samnsara
(18,281 posts)Sanity Claws
(22,028 posts)CrispyQ
(38,138 posts)Things don't go up by a dime or two, they go up fifty cents. Then fifty cents again in another three weeks. Even more for more expensive items.
Ritabert
(740 posts)No chips, cookies or soft drinks. I make my own pizza crust which is much cheaper. Start using online coupons and stock up when stuff you need is on sale. Stop buying overpriced processed food as well.
ck4829
(35,793 posts)Ritabert
(740 posts)...which we're not going to get from the GOP.
GreenWave
(9,003 posts)Jacking up the prices to alienate the poor to vote against their best interests.