Grocery price inflation down again in February

Overall Consumer Price Index records lowest annual uptick since September 2021.


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The program enables shoppers to save up to 60% on perishables such as meat, dairy, seafood and produce.

Consumers also believe food-at-home inflation is about two times higher than it actually is, according to a new dunnhumby analysis.

Monthly and annual growth decreases amid softer gains in Consumer Price Index.

Connecticut and Louisiana had the highest rate of grocery price inflation, according to data company Datasembly’s year-end update.

“When shoppers believe we are in a recession, they will behave as though we’re in a recession,” said Acosta Consumer Insights and Trends SVP Kathy Risch.

Consumer Price Index sees lowest annual gain since October 2021.

Many consumers can’t afford rising prices, but they can afford to be choosy about where and how they spend their money. “Listen to your customers and deliver on their expectations,” media company Vericast advises retailers.

Food-at-home prices rose 12% year-over-year in November, according to Consumer Price Index data released Tuesday by the Bureau of Labor Statistics. Fresh produce, cereals, bakery products and dairy saw some of the biggest increases.

Despite inflation, many consumers said they will stock up on desserts and sweets for the holidays, according to a recent survey.

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