Data: Federal Reserve Bank of St. Louis; Chart: Thomas Oide/Axios Visuals
Skyrocketing food prices in the U.S. are changing the way Americans eat and grocery shop — they're buying more store brands, and less costly meat and produce. Some are now just making do with less.
- Meanwhile, food manufacturers continue to "shrinkflate" — putting less potato chips or cereal in the bags and boxes that we buy.