Tag: inflation

Americans believe that grocery retailers are earning a 35.2% net profit margin, 14 times higher than grocers’ actual net profit margin average of 2.5%, and that food-at-home inflation is 24.3%, double the annual rate reported by the U.S. Bureau of Labor Statistics according to the latest dunnhumby Consumer Trends Tracker (CTT) released today.

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5 percent in January on a seasonally adjusted basis, after increasing 0.1 percent in December, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all-items index increased 6.4 percent before seasonal adjustment.

Numerator projects that the Consumer Price Index for food at home increased 0.3% month-over-month in January.

Inflation is causing suppliers to look for ways to reduce costs in any way possible, from altering product lineups to forging new alliances.

After years of keeping immune health and comfort top-of-mind during the COVID-19 pandemic, consumers are back to prioritizing affordability and convenience when shopping for food, according to the annual Pollock Communications and Today's Dietitian "What's Trending in Nutrition" survey.

What I find most interesting about these reports isn’t the high prices. Numerator has some fantastic charts showing how consumer spending behavior has changed over the past year.

The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in December on a seasonally adjusted basis, after increasing 0.1 percent in November, the U.S. Bureau of Labor Statistics reported today.

61% of consumers are concerned about their financial situations, with Millennials and Gen X being the most worried, and Boomers the least. To navigate these pressures, almost half (44%) of consumers say they are reducing their overall spending; an increase from 33% of respondents who said the same in November 2020.

Of course, there are many complaints about rising food prices in the United States. But somehow the complaints from north of the border sound more anguished.

Restaurant365, the leading all-in-one restaurant enterprise management software today released key findings from the R365 State of the Industry Customer Survey.