Consumers paid more for their groceries last month as meat continues to get more expensive.
The prices of food consumed at home rose 1% in May from April even asoverall prices declined 0.1%, according to seasonally-adjusted figures from the Bureau of Labor Statistics. The increase was driven mainly by a 3.7% increase in meat, poultry, fish and eggs.
Beef and veal got a lot more expensive in particular: Consumers paid nearly 11% more in May, the largest ever monthly increase.
The price increase for certain types of meat was even more dramatic: uncooked beef roasts soared 19.5%, and uncooked beef steak prices jumped 11.6%. Read more here>>>https://www.cnn.com/2020/06/10/business/grocery-meat-prices-rising/index.html