Grocery prices fell in April for the first time this year, marking the largest monthly decline since September 2020.
Five of the six major grocery store group indexes dropped, led by a 12.7% decrease in egg prices, the U.S. Bureau of Labor Statistics reported Tuesday. The index for meats, poultry, fish, and eggs declined 1.6% in April after recent increases. Nonalcoholic beverages was the only category that saw an increase, rising 0.7%.
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Grocery prices experience biggest drop in almost 5 years
Food at-home costs fell 0.4% in Aprilwww.supermarketnews.com
Gas prices saw their steepest decline in nearly two months last week. As of June 30th, the price of regular and premium gas were each down 5 cents from the previous week. According to GasBuddy.com, California has the highest average price for regular at $4.55 and Oklahoma has the cheapest at $2.67.
Currently, the national average price for a gallon of regular gasoline stands at $3.16 with premium gasoline averaging $4.08 per gallon. One year ago, regular gas was priced at $3.48 per gallon, while premium gas was at $4.34 per gallon.
Up and down depending where. Should help by taking the government sponsored illegal aliens out of the mix.
Home values drop due to age over time.
Shortages, teetering on a housing market collapse again.
No, it stops with the interest rates the fed posts.
They borrowed for the monies in the Big Beautiful Bill.
Great way to kick an economy into high gear.
No, grocery prices are not dropping. While the rate of increase has slowed, prices are still higher than they were a year ago. For example, in March 2025, grocery prices were about 2.41% higher than in March 2024. Some specific items like eggs have seen price drops recently, but overall, grocery prices continue to rise, though at a slower pace than earlier in the year.
And you can't tell me gas is lower
As of Monday, July 7, 2025, the average gas price in Michigan is $3.15 per gallon for regular unleaded
No home values have dropped because interest rates went up and it was on purpose to cool down inflation. You blamed Biden for these things so blame Trump for your home value dropping. Can't have it both ways.
Too bad it didn't work in 2017. Trump passed his historic tax bill in 2016 and what GDP did he get in 2017? 2.3%? Remember he promised 4, 5 maybe even 6% growth. He got .01% better than Obama. So the tax breaks were a bust.
