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Thursday, May 21, 2026
Federal inflation data confirms what you may have been feeling already: Groceries are getting more expensive. Unfortunately, things may be about to get a whole lot worse, economists are warning. When compared to the same time last year, fruits and vegetables have seen some of the biggest price hikes. Tomatoes are 40% more expensive now than they were this time last year. Bad growing weather, tariffs, and rising fuel prices have all contributed to the huge change in tomato prices, reports the New York Times. Coffee, another imported product, is 19% more expensive than it was last spring. You're also likely seeing inflated prices at the butcher counter. Meat is up 9% overall, but beef has grown even more expensive. Ground beef is about 15% pricier, beef roasts are 18% more, and steak is up 16%. |
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