Consumers are continuing to face higher prices at their gorcery stores for eggs, bacon, cereal, sugar and chocolate continues to rise as suppliers experience industry-wide difficult conditions.
According to statistics from the U.S. Department of Labor released last week, the price of groceries increased 1.8 percent last month from a year earlier, the fastest pace in more than a year. Groceries are about 28 percent more expensive than they were five years ago and increased 0.3 percent in December, the fastest rate of 2024.
