You Paid More For Groceries In May As Meat Got More Expensive!



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>>>


Photo: Getty

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