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Food Prices Increased 13% In July, The Biggest Spike Since 1979
Our economy isn't in the best place, especially as we've been watching gas prices soar to record highs. But while we've been mostly focused on fuel costs, we haven't paid attention to the sky-high food prices.
By Gina Florio1 min read
We saw record-high inflation in June at 9.1%. This number lowered to 8.5% in July while gas prices slowly started to creep down, although the national average is still $4.010 per gallon. However, we've been distracted from the ever-rising prices of food.