The good news is that inflation, and the increases seen in food prices the past three years, are moderating. The bad news, those food prices are still 20% higher overall than they were three years ago.
Grocery prices were unchanged in May compared with April, according to Consumer Price Index information released for May recently.
“Wednesday’s report indicated that consumers are beginning to get some relief from the price spikes of the past three years. Grocery costs were unchanged, on average, from April to May, after actually falling 0.2% the previous month. Food prices have risen just 1% over the past 12 months, though they’re still up about 20% from three years ago,” reports Associated Press.
Smart shopping can cut your food bills, always be on the lookout for digital deals and other possible savings when you plan your weekly food shopping trips.
Producers won’t cut prices unless demand drops dramatically, so it’s up to you to manage your budget and find the deals.
The No Salt, No Fat, No Sugar Journal 