Inflation Eases While Grocery Prices Remain High
From the beginning of the year to November the price of food rose 10.6%. Grocery prices were up 12% while menu prices hiked to 8.5%.
Though inflation overall is easing, grocery prices remain high. From the beginning of the year to November the price of food rose 10.6%. Grocery prices were up 12% while menu prices hiked to 8.5%. The price of food is affected by many factors such as extreme weather, diseases impacting crops and livestock, supply chain complications as well as geopolitical unrest…