Your grocery bills are getting more expensive, according to a report by the U.S. Bureau of Labor Statistics. From March to April, the average price of “food at home” rose by 2.6%. That’s the biggest one-month jump in grocery prices since February 1974.
Out of the 115 different food items being tracked by the government, 99 of them saw price increases. But certain foods are getting expensive more quickly than others.
The price of eggs has jumped 16% and pork 10% since March.
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Egg prices rose quicker than any other food category, and pork roasts/steak/ribs were right behind with the biggest month-over-month increase ever recorded.
Seven out of the 10 foods with the highest March to April price increases are animal products. In addition to eggs and pork roasts, fresh whole chicken prices rose by 7.1%, frozen fish and seafood jumped 5.8%, frankfurters got 5.7% more expensive, and fresh and frozen chicken parts rose by 5.2%. Beef and veal is 3.7% pricier.
With meat processing plants closing around the country due to COVID-19 infections, some areas are experiencing shortages, affecting the price.
Sweet treats are also more expensive.
Cookies made the top 10 biggest price increases, and were 5.1% more expensive in April than in March — the largest jump ever recorded for cookies in one month. Other price jumps include fresh sweet rolls, coffee cakes, and doughnuts (5%, the most since April 1999); fresh biscuits, rolls, and muffins (4.7%, the largest jump ever).
Fruit prices seem to be on the upswing, too.
If you’re comparing apples to oranges, they’re both getting more spendy, apples just under 5% more expensive, and orange prices increasing by 5.6%. Overall, fresh fruits on average rose in price by 1.5%.
20 different food categories saw the biggest month-over-month price increases ever recorded.
- Bakery products
- Carbonated drinks
- Cereals and bakery products
- Fish & seafood (fresh, frozen & processed)
- Fresh biscuits, rolls & muffins
- Fresh fish & seafood
- Frozen fish & seafood
- Juices & nonalcoholic drinks
- Lunch meats
- Nonfrozen noncarbonated juices & drinks
- Pork roasts, steaks & ribs
- Shelf stable fish & seafood
A few grocery items actually dropped in price, though.
Prepared salads saw the biggest decrease in price from March to April, dropping 3.6%. The cost of fresh cakes and cupcakes decreased 2.3%. While almost all of the meats increased in price, ham dropped by 1.7% and breakfast sausage had a slight 0.3% decrease.
Other decreases include:
- Tomatoes (-1.4%)
- Butter (-1.3%)
- Margarine (-0.7%)
And if you’re wondering, restaurant food got more expensive, too — it jumped 0.1%.