Beyond sticker shock: Exploring the factors behind soaring grocery prices
Overall inflation in the last four years was 19%, but grocery prices jumped 25%, according to the USDA. And once food prices go up, they tend to stay there.
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Overall inflation in the last four years was 19%, but grocery prices jumped 25%, according to the USDA. And once food prices go up, they tend to stay there.
Paul Zuber, of Business Council of New York, says there are many factors.
It's part of a broader strategy to reframe how voters view the economy.
It's part of a broader strategy to reframe how voters view the economy.
The White House retweeted Cookie Monster about it. The president made his own Super Bowl video about it. And then President Joe Biden made it a point in his State of the Union speech: “Shrinkflation” must be stopped. Biden said Thursday during his annual address that he is taking on corporations that are making more […] The post Looking toward November, Biden targets ‘shrinkflation’ in State of the Union speech appeared first on Arkansas Advocate.