Inflation
3 in 10 Say They Struggle to Afford Needed Groceries, IRI Finds
Seventy-seven percent of consumers said they changed their grocery choices or buying behaviors in May in response to inflation, up 6 percentage points from April.
Inflation
Transportation Costs Soared as Wholesale Inflation Landed at 10.8% in May
Prices for freight transportation by truck jumped almost 26% year over year, the BLS reported, and prices for final-demand foods were up 13% vs. the year-ago period.