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Grocery prices have jumped up, and there's no relief in sight
Groceries saw their biggest jump in nearly three years last month, a worrisome sign for inflation-weary shoppers. Tariffs are contributing to higher prices for imported staples like bananas and coffee.
Fifty-three percent of the people surveyed by The Associated Press and NORC this summer said rising grocery prices are a significant source of stress. toggle caption Shelia Fields Rebecca White, who works at a bank in Cincinnati, says her paycheck has not kept pace with her rising grocery bills. The giant Kroger supermarket chain says the stress is apparent as shoppers make smaller, more frequent trips to the store, use more coupons, and opt for cheaper private-label products.
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