Inflation may be cooling in many parts of the country, but consumers haven’t seen much relief in terms of grocery prices, which were up 11.8% in December compared with a year earlier.
Consumers are complaining about the prices of everyday necessities. No longer can you walk into a grocery store and buy a dozen eggs for $1.50 or a gallon of milk for under $3. Instead, nearly every food group costs more than it did a year ago:
According to the most recent Bureau of Labor Statistics (BLS) data.
- Grade A eggs are up 138%; margarine, up 43.8%;
- Butter sticks, up 38.5%;
- All-purpose flour, up 34.5%;
- Spaghetti and macaroni noodles up 31.3%,
Shopper are struggling to keep up
For most families, the cost of groceries is one of the largest expenses they have to budget for each month.
Even with careful planning and budgeting, the cost of groceries can be a strain on families. This is why many families are looking for ways to reduce the cost of groceries.
One way to reduce the cost of groceries is to participate in a cash back rewards program.
These programs are offered by many grocery store chains and can help families save money on their grocery bills. Another way to reduce the cost of groceries is to purchase them in bulk.
This can be done at many wholesale stores or online. Purchasing in bulk can help families save money on the items they purchase most often.
Finally, families can also save money on groceries by couponing. This can be a time-consuming endeavor, but it can save families a significant amount of money on their grocery bills.
No matter what method you choose to reduce the cost of groceries, it is important to remember that every little bit helps. By following some or all of these tips, you can help reduce the amount of money you spend on groceries each month.
