food prices

Consumer Expenditures Leap 9% in 2022 as ‘Everyday’ Spend Grows Faster Than Income

Consumer Expenditures Leap 9% in 2022 as ‘Everyday’ Spend Grows Faster Than Income
Consumer Expenditures Leap 9% in 2022 as ‘Everyday’ Spend Grows Faster Than Income
September 08, 2023  |  Economy

The year 2022 marked a continued emergence from the pandemic, and new data show just how much — and how fast — we spent our...

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Overall Inflation May Be Steady, but Food Prices Tick Up Again
Overall Inflation May Be Steady, but Food Prices Tick Up Again
August 10, 2023  |  Economy

July’s consumer-price index (CPI) showed inflation rising, overall, at a relatively steady pace. But in the devil’s in the details, as they say, and the...

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Grocers Cut Prices Globally as Discount Retailers Gain Share
Grocers Cut Prices Globally as Discount Retailers Gain Share
June 02, 2023  |  Retail

Forced to choose between protecting their margins and losing more share to discount retailers, grocery chains worldwide are slashing prices to remain competitive. In the...

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UK Seeks Cap on Food Prices as Consumers Struggle
UK Seeks Cap on Food Prices as Consumers Struggle
May 28, 2023  |  Economy

The British government wants supermarkets to cap food prices amid rampant inflation. U.K. health secretary Steve Barclay said Sunday (May 28) that ministers were in...

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Putting Memorial Day BBQ on the Table May Put a Dent in Household Budgets
Putting Memorial Day BBQ on the Table May Put a Dent in Household Budgets
May 26, 2023  |  Economy

It’s Monday and a holiday. The hot dogs are at the ready. The grill’s fired up. The wallets feel a whole lot lighter. The Memorial...

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Walmart Trades Margins for Loyalty to Keep Grocery Share
Walmart Trades Margins for Loyalty to Keep Grocery Share
May 08, 2023  |  Retail

As grocers compete for consumers’ loyalty amid inflation, Walmart is reportedly absorbing price increases while its competitors pass them on to consumers. According to Reuters,...

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Loss of SNAP and Grocery Inflation Push Consumers Off ‘Hunger Cliff’
Loss of SNAP and Grocery Inflation Push Consumers Off ‘Hunger Cliff’
May 07, 2023  |  Economy

High inflation and reduced government aid have led to a spike in food bank demand. A report Sunday (May 7) by Bloomberg News illustrates this trend...

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70% of Grocery Shoppers Expect Price Increases Throughout the Year
70% of Grocery Shoppers Expect Price Increases Throughout the Year
March 06, 2023  |  Consumer Insights

Grocery shoppers’ price anxieties remain as they expect another year of inflation, PYMNTS data suggests. The Context Grocers have been doing everything in their power...

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