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51%  
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Keyword: hannaherinlang

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  • Groceries are more affordable now than in 2019. So why are people still so mad about prices?

    10/10/2024 5:36:38 PM PDT · by yesthatjallen · 136 replies
    Market Watch via MSN ^ | 10 10 2024 | Hannah Erin Lang
    For more than two years now, higher prices have been pinching consumers’ wallets and testing their patience — but there’s at least one part of their monthly budget that has more breathing room these days. For the average U.S. worker, it now takes fewer hours of work to afford a week’s worth of groceries than it did five years ago, in August 2019. That’s according to a MarketWatch analysis of wage and inflation data that shows how the price of food relative to wages has fluctuated in recent years. In other words: Despite substantial post-pandemic increases in food costs, wages...