General Category > Economy/Business
ABC host shocked at visual demonstration of grocery price hikes over last four years: 'Wow'
libertybele:
??? I think these stats are relatively low. At least around here food prices have gone up much higher than 21%. I'd say closer to 35-40%.
ABC host shocked at visual demonstration of grocery price hikes over last four years: 'Wow'
"Good Morning America" sounded the alarm on "sticker shock" at the grocery store on Friday, admitting that shoppers were better off four years ago before significant price hikes.
The ABC morning network program set up two tables to show the contrast between what Americans could purchase for $100 from March 2019-2020 versus March 2023-2024.
Co-host Michael Strahan let out an audible "Wow" when ABC News chief business, technology & economics correspondent Rebecca Jarvis showed him the difference.
"You’re getting about 30% less these days for your money," Jarvis said. "$100 [of groceries] then would now cost you about $130."
Strahan suggested one of the ways Americans could attempt to "turn back time" is by utilizing apps that give cashback or compare prices across stores.
Jarvis also recommended that customers sign up for grocery store loyalty programs and only buy food in bulk if they can be sure they will burn through the purchased items before they go to waste.
"I’m a little surprised by how much you don’t get now that you got just, what, four or five years ago," Strahan said.
"It is such a contrast and that is how people are feeling it," Jarvis replied. "Inflation has come down, that means the prices aren’t going up as fast but it is a big difference from a few years back."
According to the Bureau of Labor Statistics, grocery prices have risen 21% in the last three years..............
https://www.foxnews.com/media/abc-host-shocked-visual-demonstration-grocery-price-hikes-last-four-years-wow
mountaineer:
It comes as no shock to those of us who are paying attention. **nononono*
Hoodat:
Have these people not been grocery shopping in the last four years?
mountaineer:
Perhaps Michael Strahan dines out for every meal. :shrug:
deb:
--- Quote from: Hoodat on April 06, 2024, 12:52:47 am ---Have these people not been grocery shopping in the last four years?
--- End quote ---
They have staff for menial tasks.
Navigation
[0] Message Index
[#] Next page
Go to full version