Finance

January 1, Top 5 Groceries with the Biggest Price Hikes

Published

4 years ago

April 16, 2022

It’s no secret that Americans are enduring record-breaking inflation, with food prices being one of the things impacted most. Here are the five groceries with the largest 12-month price hike, according to data from the USDA and Bureau of Labor Statistics.

5. Chicken

Prices of chicken parts, including drum sticks, thighs, and breasts, increased 15.1%.

4. Margarine and peanut butter

The price of both margarine and peanut butter jumped 15.8%.

3. Bacon

Bacon prices spiked a whopping 18.2% in the last 12 months. Breakfast sausages also increased significantly in that time — 16.5%.

2. Citrus fruits

Citrus, including lemons, limes, and grapefruits, soared 19.5%. Oranges and tangerines rose 18.3%.

1. Beef and veal

Prices of raw beef and veal saw the biggest increase in grocery stores, with a 20.4% increase in the past 12 months.

Source:

Five grocery items with big price jumps amid high inflation

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Wyatt Porter

Wyatt Porter is a seasoned writer and constitutional scholar who brings a rugged authenticity and deep-seated patriotism to his work. Born and raised in small-town America, Wyatt grew up on a farm, where he learned the value of hard work and the pride that comes from it. As a conservative voice, he writes with the insight of a historian and the grit of a lifelong laborer, blending logic with a sharp wit. Wyatt’s work captures the struggles and triumphs of everyday Americans, offering readers a fresh perspective grounded in traditional values, individual freedom, and an unwavering love for his country.