Double-digit price jumps in basic foods

- David Bell Graph/Gila Valley Central

WASHINGTON, D.C. — On average, it costs almost 10 percent more to purchase food basics this year as compared to 2021.

That’s according to data released by the USDA Wednesday, comparing average prices in April 2021 to April 2022.

Of the 11 items listed, seven have increased in cost by 10 percent or more.

Eggs showed the biggest jump in prices, costing 22.6 percent more than the same time last year, while fruits and vegetable had the smallest jump in prices, with a 7.8 percent increase in cost.

Food prices have been increasing over the last four years, though no year saw price hikes as large as 2022. The last time there were price drops was in 2019, when the cost of eggs fell 10 percent over the same time in 2018, fats and oils dropped 0.7 percent, and poultry dropped 0.3 percent.

Comments

comments