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Yes, Food is Now Expensive


As if trips to the grocery store weren't stressful enough these days, now Americans are watching the costs of meat, eggs, and even potatoes soar as the coronavirus has disrupted processing plants and distribution networks.

Overall, the cost of groceries have skyrocketed by the most in 46 years, and analysts caution that meat prices in particular could remain high as slaughterhouses struggle to maintain production levels while implementing procedures intended to keep workers healthy.

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While price spikes for staples such as eggs and flour have eased as consumer demand has leveled off, prices remain volatile for carrots, potatoes, and other produce because of transportation issues and the health of workers who pick crops and work in processing plants. In short, don't expect prices to drop anytime soon.

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Big fluctuations in food prices began in March, when the coronavirus pandemic began to sink in for US consumers. The Labor Department reports that the 2.6% jump in April food prices was the largest monthly increase in 46 years. Prices for meats, poultry, fish and eggs increased the most, rising 4.3%. The 2.9% jump in cereals and bakery products wasn't as steep, it was still the largest the agency has recorded.