By Danielle Wiener-Bronner, CNN Business
New York (CNN Business)Grocery prices have skyrocketed during the coronavirus pandemic. That has Americans spending more at the supermarket than they have in years.Prices are spiking — and not just because people are buying more groceries as they spend more time at home.
The pandemic has had a strong impact on grocery prices this year, according to seasonally adjusted data released Friday by the Bureau of Economic Analysis.
The BEA tracks personal consumption expenditures to help measure inflation.
From February to June, meat and poultry prices rosenearly 11%, with beef and veal prices seeing the highest rise, spiking 20%. For pork the increase was about 8.5%. People are paying more for other staples, too: During the same time period, egg prices shot up 10%, and shoppers shelled out 4% more for cereals and fresh vegetables…..more here
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