News@lemmy.world · 9 days ago

Grocery Prices Post Biggest Monthly Jump in Over Three Years

fintool.com

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Grocery Prices Post Biggest Monthly Jump in Over Three Years

fintool.com

gAlienLifeform@lemmy.world to

News@lemmy.world · 9 days ago

December CPI shows 0.7% monthly food price jump—largest since October 2022. Beef up 16%, coffee surging 20%. What it means for grocery stocks and the Fed.

Food prices surged 0.7% in December—the largest monthly increase in more than three years—as Americans heading into 2026 face sticker shock at the grocery store with beef, coffee, and produce prices climbing sharply. The data, released today by the Bureau of Labor Statistics, puts renewed pressure on the Trump administration to deliver on campaign promises to lower everyday costs.

Archived at https://web.archive.org/web/20260114131730/https://fintool.com/news/december-cpi-food-prices-3-year-high

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Jo Miran@lemmy.ml
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9 days ago
Tarrifs and weakening the dollar through geopolitical insecurity is increasing the cost of living?!?

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