Here S Why Grocery Prices Won T Go Down Any Time Soon
According to the Department of Labor, the period from May 1 to May 30 has turned out to be the largest-ever monthly increase for some food items prices of all time, on-track with a May 12 report by the Bureau of Labor Statistics, which said that the price jump in grocery store costs was the largest jump since February 1976. Due to increased demand and shoppers buying so much food at grocery stores, many major food retailers have actually cut back on promotional flyers and sales....