10 Types of Groceries That Just Broke Price Records
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You might want to cross a few things off your grocery list before the next time you head to the store.
Overall inflation increased by 8.3% between April 2021 and this April, the federal Bureau of Labor Statistics reported today.
That 12-month increase is a smidge better than it was in March, when it reached 8.5%. But that is likely of little consolation to shoppers at the grocery store.
Grocery prices as a whole rose 10.8% between April 2021 and April 2022 — the largest 12-month increase since 1980.
Prices for meats, poultry, fish and eggs collectively increased by a whopping 14.3% during the same period — the largest 12-month increase for this food group since 1979. And some specific grocery items are jumping in price at a pace never seen before.
Following are the items that broke price records in April.
Fresh fish and seafood
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Latest 12-month price increase: 13% (the largest such increase on record)
Latest one-month price increase: 0.9%
Chicken
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As the Bureau of Labor Statistics defines it, this category includes fresh whole chicken as well as fresh and frozen chicken parts.
Latest 12-month price increase: 16.4% (the largest such increase on record)
Latest one-month price increase: 3.4%
Margarine
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Latest 12-month price increase: 23.5%
Latest one-month price increase: 7.1% (the largest such increase on record)
Frozen and refrigerated bakery products, pies, tarts and turnovers
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Latest 12-month price increase: 13.3% (the largest such increase on record)
Latest one-month price increase: 1.9%
Prepared salads
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Latest 12-month price increase: 9.3% (the largest such increase on record)
Latest one-month price increase: 1.7%
Beverage materials including coffee and tea
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As the Bureau of Labor Statistics defines it, this category includes roasted and instant coffee as well as other beverage materials, such as tea.
Latest 12-month price increase: 11.1% (the largest such increase on record)
Latest one-month price increase: 2.2% (the largest such increase on record)
Juices and nonalcoholic drinks
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This category includes carbonated drinks, frozen noncarbonated juices and drinks, and nonfrozen noncarbonated juices and drinks.
Latest 12-month price increase: 9.2% (the largest such increase on record)
Latest one-month price increase: 1.9%
Baby food
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Latest 12-month price increase: 13% (the largest such increase on record)
Latest one-month price increase: 3%
Lunchmeats
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Latest 12-month price increase: 14.4% (the largest such increase on record)
Latest one-month price increase: 2.6%
Soups
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Latest 12-month price increase: 13.1% (the largest such increase on record)
Latest one-month price increase: 2.3%
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