If you see the headlines saying inflation has dropped to 8.5 percent, keep in mind the story behind the story: the food-at-home category, meaning food we buy at stores and prepare at home, was 13.1 percent higher this July than it was a year ago. That’s the largest increase since March 1979. Egg prices were among the fastest climbing costs, with prices jumping 47 percent since last year.
Published 8/10/2022. View original article.