Online Grocery Prices Surge 13.4 Percent in July, the Biggest Annual Price Hike on Record

Online Grocery Prices Surge 13.4 Percent in July, the Biggest Annual Price Hike on Record
Instacart employees fulfill orders for delivery at the new Whole Foods Market store in downtown Los Angeles on Nov. 9, 2015. Patrick T. Fallon/Bloomberg Photo via Getty Images
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Online U.S. grocery prices surged year-over-year by 13.4 percent in July, beating the previous records of 12.4 percent in June, 11.7 percent in May, and 10.3 percent in April, according to the Adobe Digital Price Index released on Aug. 9.

Before the pandemic, online shopping was long immune to inflation, but since June 2020, online prices have persistently increased over a 25-month stretch, causing the U.S. economy to struggle in its recovery.

However, in July, total online prices declined 1 percent year-over-year and 2 percent from June, led by electronics, apparel and toys, after more than two years of inflation.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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