KNTV NBC Nightly News With Lester Holt June 4, 2024 23:21:00
So it is a kind of perfect storm that we haven't seen before. >> reporter: in the past year, the price of white bread has jumped 7%. chocolate chip cookies up 11%. bacon prices jumped 19%. and strawberries will cost you almost 22% more than a year ago. awg, the nation's largest grocery wholesaler recently bought 15 to 20% more inventory of many packaged foods. >> the idea is to keep prices lower on those items and keep consumers coming to those retailers. >> reporter: does this mean we should be stockpiling as consumers? >> i know there is the impulse to do so, but we saw what hoarding did in ...
Source: archive.org