Food Prices Soar

(Jefferson City) As if the skyrocketing price of gas hasn’t been putting a big enough dent in consumers’ wallets, a new report reveals the price of food has been climbing at an unprecedented rate as well.

The U.S. Bureau of Labor Statistics reports that in the past year, the average cost of groceries has risen by 9 percent.

The bureau reports that approximately 1.4 percent of that increase occurred in February, marking the highest monthly increase since April 2020.

The food that’s seen the highest price hike?

Bacon.

In the past year, the reports says its price has gone up by 18.8 percent.