As food prices rise in June, analysts warn of a ‘tipping point’ for Americans ¦ Grocery prices were 5.7% higher in June compared to a year ago, and dining out was 7.7% more expensive

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[–]rondeuce40DC Is Wakanda For Assholes 6 insightful - 1 fun6 insightful - 0 fun7 insightful - 1 fun -  (0 children)

I have a small amount of credit card debt that will be cleared up in a few months. The majority of what I put on the card is for grocery shopping and dining out. The cost has risen exponentially and definitely impacts how you budget. Because our healthcare costs are so grotesque, I try and eat healthy to counter that greed complex only to have my wealth impacted by another.

[–]MeganDelacroix🤡🌎 detainee 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

It's okay, CNN understands you just have a messed-up psyche.

[–]RandomCollection[S] 6 insightful - 1 fun6 insightful - 0 fun7 insightful - 1 fun -  (3 children)

Another question - does anyone else here think that the 5.7 percent figure is vastly understating the real numbers? I take a look at grocery bills and this doesn't pass the smell test. I think that the number is in the double digit figures.

[–]_Okio_ 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

It is absolutely understated. I'm told, through relatives, that a number of food stuffs have double in price. For example, Milk that was ~0.75 is now ~1.6. Rice that was around 11.4 is now ~21.3, etc.. At least toward 100% for many items.

[–]sdl5 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Drastically so- Even if they have curated the F out of what is listed AND only gone with bulk pricing per or major discount groceries.

I am a champion best prices for quality good and fresh foods shopper, and I have some competing excellent options in my city...

Where much locally available produce dairy meat etc have volume to spare.

And the prices have spiked easily 50% best case scenarios.

For much of the basic staple groceries in season the prices are up 100% year over year, some even more.

[–]MeganDelacroix🤡🌎 detainee 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

John Williams (Shadowstats) has been saying it's around 14-16% for some time now.

[–]MeganDelacroix🤡🌎 detainee 4 insightful - 6 fun4 insightful - 5 fun5 insightful - 6 fun -  (0 children)

This can't possibly be true. Democrats passed the Inflation Reduction Act, which saved us all.

[–]RandomCollection[S] 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (0 children)

https://archive.is/5IKgw

The sad part is that the ruling class doesn't care. If anything, they are going to make it worse by fueling Greedflation and collecting the capital gains.