Biden Takes Aim at Grocery Chains Over Food Prices
President Biden has begun to accuse stores of overcharging shoppers, as food costs remain a burden for consumers and a political problem for the president. …
Food Prices
80% of Voters Want Congress to Pass Immigration Reform to Lower Food Prices
As Congress considers immigration legislation during the lame duck session, new polling shows that four-in-five U.S. voters (82%) support Republicans and Democrats in Congress working together to lower food prices through comprehensive immigration reform. …
FMI Research Finds U.S. Grocery Shoppers Remain Resilient in The Face of Rising Food Prices
FMI—The Food Industry Association releases the fifth edition of the U.S. Grocery Shopper Trends 2022 series focused on Back to School and finds 90% of shoppers are concerned about some aspect of food accessibility, with 61% concerned about rising prices specifically—an increase of eight percentage points since February 2022. …
Canada’s Food Price Report 2021 Predicts Annual Food Expenditure Could Go Up by as Much as $695 Compared to 2020
The 11th annual edition of Canada’s Food Price Report forecasts an overall food price increase of 3 to 5% for 2021. The most significant increases are predicted for meat at 4.5 to 6.5%, bakery at 3.5 to 5.5%, and vegetables at 4.5 to 6.5%. …
FMI Releases Resources on COVID-19 Pandemic Impact on Food Prices
FMI—The Food Industry Association today releases a web experience that explains how the COVID-19 pandemic has affected grocery prices more than nearly any other category of consumer spending. In April, the Consumer Price Index for food at-home posted its largest monthly increase since February 1974 and grocery prices are up 5.6% for the period June 2019 to June 2020. …