Grocery Prices Experience Highest Percentage Jump in Almost 50 Years

  • By cvbizz
  • May 13, 2020
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April saw the highest spike in grocery prices in 46 years

The price of groceries in the U.S. shot up by 2.6 percent in April, according to a Bureau of Labor Statistics consumer price index released on May 12. This was the largest one-month jump in “food at home” costs since February 1974, CNBC reports.

The price of meats, poultry, fish, and eggs, in particular, rose amid reported shortages during the pandemic, with a 4.3 percent increase compared to last

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