Easing Inflation Isn’t Making These Grocery Items Any Cheaper, Data Shows

  • Prices on some grocery store staples seem to be easing, according to the CPI. That includes certain cuts of beef, milk, and produce. For some of these items, prices are down as much as 1 or 2 percent compared to September.
  • For more items, though, October prices were up compared to those in September and October 2021.
  • The hardest hit item is eggs, the CPI data shows. Compared to the same time last year, egg prices are up 43 percent. The price difference is smaller between September and October at 10.1 percent. Eggs have been expensive all year largely because of a nationwide bird flu outbreak, supply chain challenges, and high feed costs.
  • Large year-over-year price changes are still being reported among staples like butter, margarine, and flour. The cost of margarine is up over 47 percent compared to October 2021.
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