Tag: inflation

Pamela and Greg can't avoid talking about inflation this week, which surveys are showing is higher than the government stats show. The latest IRI data shows fresh produce inflation isn't as high as other food categories, but that could still be bad for summer produce if consumers tighten budgets.

The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.0 percent in May on a seasonally adjusted basis after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today.

Overall, May grocery inflation reached record highs as prices for health & beauty and household products held steady, and the heaviest inflation impacts shifted from low income to middle and high income consumers for the first time.

Key findings from the first report, covering the month of May, include the fact that consumer prices for food, personal care, and household items are up 13.9% compared to a year ago, and inflation in these categories is rising at a higher rate than previously reported by officials.

After more than two years of decreased traffic to dining, travel, and retail locations due to the COVID-19 pandemic, new data shows that U.S. consumers are back on the go; however, spending at these types of locations is nearly unanimously down compared to a year ago.

Pamela checks in from her vacation to hear from Greg about the strawberry hepatitis outbreak, Lidl's price break on 100+ items, and both have thoughts on inflation affecting travel this summer.

Lidl US, ranked a top 5 U.S. grocer in back-to-back editions of USA Today 10 Best Readers' Choice Awards, announced today that it will drop prices on more than 100 items in all of its stores across nine east coast states.

Inflation is hitting consumers hard, especially in food.

Customers at Natural Grocers, the nation's largest family-operated organic and natural grocery retailer, can shop with confidence knowing they can still get high-quality organic and natural products at Always Affordable prices.

Acosta, a global integrated sales and marketing services provider in the consumer packaged goods industry, today released its sixth edition of The Why? Behind the Dine, a research report providing foodservice-specific insight bolstered by the expertise of its CORE Foodservice division.