Inflation is getting worse. Overall prices soared 7.9% between February 2021 and February 2022, the federal Bureau of Labor Statistics reported today. That is the biggest 12-month rise in 40 years and higher than experts had forecast.
Of course, some prices are climbing faster than others. In particular, some grocery items are skyrocketing in price, jumping at a pace never seen before.
Following are some items that you might want to cross off your grocery list the next time you head to the supermarket.
Nonfrozen, noncarbonated juices and drinks
Latest 12-month price increase: 6.6% (the largest such increase on record)
Latest one-month price increase: 1.6% (the largest such increase since April 2020)
Baby food
Latest 12-month price increase: 8.4% (the largest such increase on record)
Latest one-month price increase: 0.7% (the largest such increase since October 2021)
Lunchmeats
Latest 12-month price increase: 11% (the largest such increase on record)
Latest one-month price increase: 2% (the largest such increase since December 2021)
Chicken
Latest 12-month price increase: 13.2% (the largest such increase on record)
Latest one-month price increase: 1.8% (the largest such increase since July 2021)
Breakfast sausage
Latest 12-month price increase: 13.9% (the largest such increase on record)
Latest one-month price increase: 2.1% (the largest such increase since November 2021)
Non-coffee beverage materials, including tea
Latest 12-month price increase: 3.7% (the largest such increase since October 2021)
Latest one-month price increase: 2.5% (the largest such increase on record)
Soups
Latest 12-month price increase: 10% (the largest such increase since July 1979)
Latest one-month price increase: 3.9% (the largest such increase on record)
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