Grocery prices in July had largest price increase since 1979 — with one food staple [eggs] rising by 38% on the year

Market Watch ^ | Zoe Han

[BenLurkin]

The price of food at home rose 1.3% from June to July, marking a 13.1% increase compared to last year. It was the largest price increase for groceries since 1979, according to the U.S. Bureau of Labor Statistics.

Food, however, rose by 1.1% on the month and 10.9% this year. It was the seventh consecutive month where the price rose by 0.9% and above. Dining out rose by 0.7% in July on the month and 7.6% compared to last year.

Among groceries, egg prices had the biggest increase. Their cost rose by 4.3% in the month of July, and 38% in the year. Potatoes also rose 4.6% on the month and 13.3% year-to-year. Butter was up over 26% on the year in July, and coffee rose by over 20% over the same period.

[for-q-clinton]

But Joe Biden said July had 0% inflation. And FB isn’t even fact checking it...so it must be true.

[hardspunned]

I buy a lot from Amazon. The other day I was looking through “buy again”. The difference in current prices compared to what I paid 6 months, 1 year ago is larger than I had anticipated.

[philled]

This just can’t be accurate— Sleepy Joe told us there was ZERO inflation!

[frank ballenger]

TV news said people are ecstatic over gas price being lower (but they showed last year, too——not so cheery).

And all things are up clothes, appliances, school supplies, and all the items in stores or online.

We’ve got to make the voters see things are not great under Dem Socialism, they’re rotten.

[Noumenon]

Let’s go Brandon!

[ocrp1982]

Yet, it was reported just today the Inflation dropped to 8.5% and the Dementia Joe admin is claiming Zero Inflation for the month of July.
That claim is based on the premise that total Inflation did not Increase.
So, according to those morons if Inflation decreases a fraction from the previous month that means there is NO Inflation.

[Big Red Badger]

‘We?’
I say,
‘Let Them Eat Cake!’
Or
Each Other.
.
Warning Bells have been
Ringing for Years and Now
‘Da Chickens cum Home,,,’
You know the thing.

[FlingWingFlyer]

I imagine Jo Jo will come up with some cock and bull story about the chickens walking off the job because they want union representation.

[TomGuy]

On August 8 I was in Aldi’s and noticed their 24-oz can of Colombian coffee was up about $3.00 over what is was just a month previous. That is about a 50% increase. It was just under $6 a month ago and just under $9 three days ago.

[SaveFerris]

Certain items (cannot) at Walmart are up 40-58% under Biden.

OR MORE

example:

Cheap canned chili was 84 cents a can in February

NOW $1.34.

That’s over a 59% increase

SINCE FEBRUARY

Higher gas ⛽ prices
Higher food prices
War

Great job, Democrats.

Great job.

[stars & stripes forever]

1-19 oz. can of Progresso Soup is $3.29 in some grocery stores.

[grey_whiskers]

Back in February:

At Aldi, boneless skinless chicken breasts used to be $1.99/lb, maybe $1.89/lb on sale.

And at Wally World, they were $2.09/lb.

Aldi now gets limited amounts and sells out in less than a day. And it’s $2.89/lb, limit 2.

Wal-Mart sells out in a day, too, and they are $3.04/lb.

[SaveFerris]

It was $1.48 February Walmart

Then $1.98

Last I saw $2.24

Haven’t looked lately but I figure it is higher now

[SaveFerris]

Wow

I like those too

[CivilWarBrewing]

Hey, pResident ByeDone said inflation was "ZERO"!

I don't get it.

[Mr Radical]

It’s all for your good, as long as we wack Putin.

[griswold3]

https://www.bls.gov/news.release/cpi.t02.htm
See flour and flour mixes. Portends bad things coming in 60 days or so.

[Conservat1]

Interesting idea.

[Quilla]

If inflation is at 0%, why do we need the inflation reduction act?