American households are feeling the squeeze of inflation that has remained stubbornly above the Federal Reserve's 2% target since the pandemic, and grocery prices have been a particular pain point in recent years.The most recent consumer price index (CPI) data from the Bureau of Labor Statistics showed that overall food prices were up 2.5% over the last year. The BLS data showed that the food at home index was up 1.8% from a year ago, while the rise in the food away from home index was nearly twice as large at 3.5%.Kelli Smith, executive director of financial planning at Edelman Financial Engi...
These grocery shopping habits can help lower your bill
HALO Observer Insight
An independent HALO consumer takeaway — for costs, wellness, or policy context — will appear here automatically for this story. HALO adds this original editorial insight to every syndicated report before publication.
Contributors
Wayne G Fraser
HALO Contributor
Insurance Broker
Insurance Industry
State
Georgia, North Carolina, South Carolina
NPN
17934945