According to the Bureau of Labor Statistics, through Nov. 2022, food cost got 10% more expensive, outpacing overall inflation that rose by just 7%.
PUBLISHED 4:06 PM CST Jan. 05, 2023“I have three boys, so they eat a lot of food,” Hammond said. “So I’ve got to have food.”
So she’s recruited some help for her family. Subscribing to eMeals, a service that produces weekly meal plans. Also, creating a grocery list that can be sent straight to the store. Bulent Temel is an assistant professor of economics at the University of Texas at San Antonio. He says food cost carries a lot of weight toward overall inflation. Making up about 14% of that calculation.
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