Janurary 3, 2025

Inflation has steadily cooled over the past two years, despite seeing a slight stall in October and November. Prices for items such as gasoline, used cars and energy have all declined accordingly. However, food prices continue to outpace inflation, increasing by 28% since 2019.

More than 85% of consumers report feeling frustrated with rising grocery prices, and over a third say they have resorted to buying fewer items to save money, according to a 2024 survey by RR Donnelley.

However, experts say high food prices are here to stay.

Read more:

https://www.cnbc.com/2025/01/04/inflation-has-cooled-but-experts-believe-food-prices-will-remain-high.html