healthmyths
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- Sep 19, 2011
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And who pays the increase in interest rates?Some of aren't affected much as we don't pay those inflated prices. We also profit as interest rates on savings are also increased.
A) The individuals that have to have loans to meet their everyday food costs that have gone up and this is a FACT:
During the last federal election on Nov. 3, 2020, food inflation was running at just 3.9% annually. Fast forward to March 2024, and the latest data shows food prices have risen a whopping 25.8% since then. To put that in perspective, a basket of groceries that cost $100 in November 2020 would now set you back $125.80.
Here’s How Much Grocery Prices Have Increased Since the Last Election
If you feel like your trips to the grocery store have been putting a bigger dent in your wallet lately, you're not imagining things. Food prices in the United States have risen significantly over the...