Supermarket prices do not change randomly. Corporate pricing strategies rely on federal economic data. The most critical piece of data arrives each month from the Bureau of Labor Statistics. The Consumer Price Index report tracks the exact cost of living across the country. The upcoming release on April 10 is generating intense speculation among retail analysts. Experts refer to this specific release as a cliff event. The data will dictate whether supermarkets raise or lower their shelf prices heading into the summer. Here is why grocery prices may react to the April 10 inflation report.
