Grocery Prices Soar Amid Pandemic

Prices are falling across just about every category.
Grocery Prices Soar Amid Pandemic
A woman shops in the chicken and meat section at a grocery store in Washington, D.C. on April 28, 2020. Drew Angerer/Getty Images
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Prices are falling across just about every category: Apparel, hotels, cars, car insurance, gas prices, and airfare fell through the floor as people stayed home. But American grocery store price tags are soaring.
Overall, the price of groceries grew 2.6 percent, including seasonal adjustments, in April. That was the biggest increase from one month to the next since 1974, according to the Bureau of Labor Statistics.