Source: New York Post
Food prices in the US have shot up by 33% over the last seven years, the biggest jump in grocery prices in half a century — with no relief in sight. While rampant inflation was to blame for the biggest surge during the pandemic, prices have continued to soar since, with ground beef best demonstrating the out-of-control market as it hit $6. 82 a pound in June, a 79% increase from 2019, according to the US Bureau of Labor Statistics.
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