Major Supermarket Chain Warns Inflation Is About to Impact More Americans

A Food 4 Less employee pushes carts past supermarket workers gathered to protest in front of the supermarket in Long Beach, Calif., on Feb. 3, 2021, after a decision by owner Kroger to close two supermarkets rather than pay workers an additional $4 in "hazard pay" for their continued work during the CCP virus pandemic. Frederic J. Brown/AFP via Getty Images

An executive of Kroger, one of the largest supermarket chains in the United States, warned grocery prices are about to become even higher this year as inflation sets in.

Inflation is running hotter than previously anticipated, and prices are slated to rise an additional 2 to 3 percent over the second half of 2021, Kroger CFO Gary Millerchip said during a call with reporters.