Connect with us

Hi, what are you looking for?

goodbalancefeature.comgoodbalancefeature.com

Business News

See how the prices have changed for popular grocery items

Family grocery bills have been on the rise with higher prices for some items, such as ground beef, and lower prices for others, such as eggs. But unless shoppers are taking notes, it can be hard to really see which items are seeing the biggest spikes.

NBC News is monitoring the average point-of-sale prices and how much those prices have changed since September 2022 for six popular supermarket items: orange juice, eggs, chicken breasts, fresh ground beef, bacon and bread.

Readers can use this interactive chart to see how the price they have paid for groceries differs from the national average or from the prices shoppers paid in other major metro areas.

The goal is to track the impact of inflation on consumers’ wallets during the pandemic and as the economy reopens. The White House has said inflation is on the rise and here to stay.

The NBC News grocery price tracker is one measure of the outcomes of President Joe Biden’s economic policies for everyday people.

The Federal Reserve has said that prices have accelerated and that they are expected to keep rising. Input costs are up, especially for food and fuel, which pressures grocery prices. Supply chain disruptions and weather also play roles.

The data in the NBC News tracker, provided by NIQ, formerly NielsenIQ, is collected from real checkout prices paid nationwide at grocery stores, drugstores, mass merchandisers, selected dollar stores, selected warehouse clubs and military commissaries.

The Bureau of Labor Statistics’ monthly consumer price index, which uses human data collectors and includes other food product categories, is another resource for average price data.

This story will be updated monthly.

This post appeared first on NBC NEWS

You May Also Like

Stock News

In this episode of StockCharts TV‘s The Final Bar, Tony Dwyer of Canaccord Genuity talks Fed policy, corporate bond spreads, and why the level of interest...

Investing News

Global vanadium-producing countries have benefited from infrastructure spending in China in recent years. However, in 2023 and beyond, the market is likely to be...

Stock News

SPX Monitoring Purposes: Long SPX 10/27/23 at 4117.37. Gain Since 12/20/22: Over 17%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Last Thursday, we...

Investing News

Copper prices have rallied to record highs in recent years on expected demand growth amid a supply deficit. While construction and electrical grids have...