A survey by debthammer.org reveals that 10% of people are skipping meals to cut back on spending.
More than 40% of adults in Ohio have skipped a meal because of inflation.
In Virginia, 2 million people have skipped meals, a 40-year high.
In Kentucky, 53% of people have skipped a meal.
The price of food at home jumped 1.3 percent compared with the month earlier. Over the past 12 months, grocery prices are up 13.1 percent.
Some of the biggest increases in food include:
- Breakfast cereal prices up 1.9 percent from June and 16.4 percent compared with a year ago.
- Bread prices up 2.8 percent from July and 13.7 percent compared with a year ago.
- Ground beef prices rose 0.8 percent in July and are up 9.7 percent compared with a year ago.
- Bacon prices rose 0.2 percent compared with a month ago and are up 9.2 percent compared with a year ago.
- Breakfast sausages up 2.6 percent in July and 15.7 percent over the year.
- Chicken prices rose 1.4 percent in July and 17.6 percent over the year.
- Milk prices rose 0.1 percent in July and 15.6 percent over the year.
- Cheese prices rose two percent in July and 12.6 percent over the year.
- Ice cream prices rose 0.7 percent and 11.3 percent over the year.
- Fruit and vegetable prices rose 0.5 percent in July and 9.3 percent over the year.
- Coffee prices rose 3.5 percent and are up 20.3 percent over the year.
- Butter prices rose 0.2 percent and are up 22.2 percent over the year.
US real average weekly earnings… how much more pain can be inflicted on workers before they go on strike and stop consuming…?
Wow … I just don’t know what to say anymore
AC
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