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Food Prices Once Again Surging in New Jersey and New York Region, Why?
https://www.shorenewsnetwork.com ^ | Feb 20, 2024

Posted on 02/23/2024 4:25:00 PM PST by 11th_VA

TRENTON, NJ – Inflation is being reigned in and food prices are coming down. That’s what we’re told each time the Biden administration talks about food prices here in New Jersey, but if you’ve been food shopping in the past few weeks in New Jersey, you know this is not true.

Over the past few weeks, the prices of eggs, meat, milk, and other essentials skyrocketed once again and there doesn’t seem to be an end in sight.

In New Jersey, as part of the larger Northeast and New York-Newark-Jersey City areas, there has indeed been a noticeable increase in grocery prices in early 2024. According to the U.S. Bureau of Labor Statistics, the Consumer Price Index (CPI) for the Northeast region saw a 0.6% increase in January 2024, with a 2.5% rise over the past year.

This increase is attributed to a rise in various sectors, including a significant 0.8% rise in the food index within just a month. Specifically, the prices for fruits and vegetables rose by 1.5%, and meats, poultry, fish, and eggs saw a 1.3% increase, marking the largest increase since May 2022. Additionally, nonalcoholic beverages and beverage materials experienced a 1.6% price hike, led by higher prices for carbonated drinks​​.

According to the USBL CPI, the food index increased 0.4 percent in January, as the food at home index increased 0.4 percent and the food away from home index rose 0.5 percent over the month…

(Excerpt) Read more at shorenewsnetwork.com ...


TOPICS: News/Current Events; US: New York
KEYWORDS: bidenflation
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To: ronnie raygun

bttt...


21 posted on 02/24/2024 5:22:26 AM PST by Does so ( 🇺🇦...Motels for Migrants give legitimate addresses for mail-in ballots.)
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To: 11th_VA

New York voters heading to the polls to vote Biden
22 posted on 02/24/2024 5:25:54 AM PST by BigEdLB (Let’s go Brandon! )
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To: 11th_VA

An economic leading indicator...shipped in items are about to become very scarce.


23 posted on 02/24/2024 6:05:37 AM PST by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
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To: 11th_VA

Food prices are launched everywhere. No re-entry foreseen...


24 posted on 02/24/2024 12:41:23 PM PST by DoughtyOne (I pledge allegiance to the flag of the USofA & to the Constitutional REPUBLIC for which it stands.)
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To: Leaning Right
Steak prices at Walmart on Friday. Need bank loan to buy
Right click to open in new tab to see full image.
Blnk
25 posted on 02/24/2024 11:17:11 PM PST by minnesota_bound (Need more money to buy everything now)
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