It's the steepest rise since April 2020. 👀
. Yet, the newest data set shows the number rose even higher throughout February for everything, including grocery store prices.
According to the U.S. Bureau of Labor Statistics, grocery items continued to clime in the shortest month of the year. The for the"food at home" category, in particular, rose to 8.6% at a rate that rivals the earliest days of the pandemic in April 2020.Thanks to continued supply pressures related to COVID-19, plus climate change, shortages, and the ongoing crisis in Ukraine because of Russian aggression, shoppers could start to see the effects of inflation going up within a few months.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed's coming interest rate hikes may present another economic challenge for DemocratsIn an attempt to curb high inflation, the Federal Reserve is expected this week to begin raising interest rates for the first time in three years.
Read more »
Hannity: Despite what he says, Joe Biden's 'pathetic, feckless, weakness' got us into this messFox News host Sean Hannity accused President Biden of “lying to the American people” by insisting that the record-high inflation rate is the fault of Russian President Vladimir Putin.
Read more »
Americans sound the alarm over cost of gas, groceries and war in UkraineResidents in America's heartland said they were concerned over rising energy and grocery costs.
Read more »
Crypto vs. physical: Musk-Saylor inflation debate boils down to scarcityElon Musk will continue hodling Bitcoin, Etherium, Dogecoin amid rising inflation “for what it's worth.”
Read more »
‘I Won’t Sell’—Tesla Billionaire Elon Musk Issues Inflation Advice As The Price Of His Bitcoin, Ethereum And Dogecoin PlummetTesla billionaire Elon Musk has said he still owns and 'won't sell' his bitcoin, ethereum and dogecoin—advising people not to hold dollars when inflation is high...
Read more »
19 People Shared Foods They Think Are Overhyped And IDK If I Feel The Same WayI don’t think I’ll ever be able to eat sun-dried tomatoes again.
Read more »