Meat Leads Supermarket Price Increases

April 1, 2022
Bacon and beef were the items that saw the largest jump in the supermarket after Russia’s invasion of Ukraine.

Bacon and beef were the items that saw the largest jump in the supermarket after Russia’s invasion of Ukraine, according to statistics gathered by Good Housekeeping magazine.

An analysis of data from the U.S. Bureau of Labor Statistics and other sources showed sharp increases for eight basic items in February compared with February 2021:

  • Bacon: 19%
  • Beef: 16%
  • Chicken: 13%
  • Flour and flour mixes: 12%
  • Milk: 11%
  • Coffee: 11%
  • Fresh fruit: 11%
  • Oils/fats (incl. peanut butter): 11% to 16%

The USDA predicts that overall food prices are predicted to rise between 4.5% and 5.5% during 2022, with food-at-home prices rising 3% to 4%.

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