As inflation cools considerably, prices for items like gasoline, used cars and energy have all declined accordingly. But food prices continue to outpace inflation, increasing by 28% since 2019. 86% of consumers reported feeling frustrated with rising grocery prices, and over a third said they have resorted to buying fewer items to save money. Despite campaigning on grocery prices, President-elect Trump also acknowledged it might be ‘hard’ to bring down grocery prices. So why are food prices still so high? And can anything be done to bring the cost down?
Chapters:
1:56 Cost pass-through
4:25 Price gouging
6:46 Consumer impact
9:04 Solutions
Produced by: Juhohn Lee
Edited by: Erin Black
Animation: Christina Locopo, Jason Reginato
Supervising Producer: Jeniece Pettitt
Additional Production: Charlotte Morabito
Additional Footage: Getty Images
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Why Food Prices Are Still So High In The U.S.
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