A new report from the Federal Trade Commission suggests grocery giants used inflation and supply chain disruptions during the pandemic to drive their profits and keep raising prices. Now, the agency is urging Congress to take a closer look into grocery profits. The data shows food prices in the United States spiked 11% between 2021 and 2022, the largest annual increase in over 40 years. News4JAX asked local consumers about their current spending Friday. “Everything. Everything. Everything that I can think of that I need, you know, it’s expensive,” a consumer said. The prices at the grocery store are high....
