After the outbreak of the epidemic, U.S. consumers found that the cost of buying food has become higher, so that the situation in the short term fears that “can not return”, food prices to the end of the year may also climb further. The U.S. Bureau of Labor Statistics (Bureau of Labor Statistics) 13 released the latest consumer price index (Consumer Price Index) report shows that the monthly consumer price index in March this year rose 0.6%, the largest single-month growth in the past decade, in the past year, the overall price has increased by In the past year, overall prices increased by 2.6 percent.
The National Broadcasting Company (NBC) morning news program “Today” (Today) analysis, the United States in 2020 after the occurrence of the new crown (Chinese communist virus) epidemic, many consumers began to stockpile a variety of daily necessities, manufacturers supply chain but due to the impact of the epidemic and disruption, resulting in prices rose immediately, the trend of price increases have not subsided; for Consumers had better start to spend money on groceries now, because the Consumer Price Index report shows that prices are rising and may become more expensive next.
The report shows that gasoline prices in March this year became 9.1% more expensive, vegetables, fruit prices since February this year, increased by nearly 2%, fish, meat, eggs prices also increased by 0.4%.
The report pointed out that consumers around the United States are clearly feeling the soaring prices. In New York, Long Island, a supermarket shopping Kemaji (John Kermaj) said that the past two months, prices rose quite aggressively, “previously spent $ 30 to buy things, now it is $ 60. In order to save money, he said, try to spend money on the absolute necessity of daily necessities, avoid buying well-known brands, meat and fresh fish is to save as much as possible.
Market research agency Nielsen IQ supermarket sales statistics show that a pound of bacon in January 2020 sold for $4.72, to March this year has risen to $5.11, ground beef in the same period from $5.02 to $5.26, a loaf of bread from $2.44 to $2.66.
Statistics show that certain cities have relatively high price increases, Boston, Philadelphia area, the price of each pound of bacon, on average, more expensive than other areas of about $ 1.
The report pointed out that, after the outbreak, manufacturers in order to reduce market demand, from March 2020 have reduced promotions and discount coupons to provide, these changes also on the supermarket industry gross margin (profit margins) caused pressure.
Agricultural economist Olvera (Isaac Olvera) said in an interview, by the impact of rising oil prices, consumers until the end of this year, the cost of buying food will continue to be high. He said, although the fruit and vegetable industry will increase production to meet market demand, but wait until shipments really increased, may have been the end of this year.
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