If you have felt startled by your total at the grocery store checkout line, you’re not alone. Since the onset of the Covid pandemic, US grocery prices have risen faster than the rate of inflation. People are now paying 25% more for their groceries than they were pre-pandemic, and for the past three years, grocery prices have increased more and grown faster than other prices, according to a recent report.
And since almost every household regardless of income buys groceries on a regular basis, it’s no surprise that higher prices are a top concern for American families. Restaurants have also gotten more expensive due to higher food and labor costs.
