A recent article from NPR explored the complexities behind grocery inflation and whether corporate greed is to blame.

While food prices have surged over 25% since 2020, higher than general inflation, data paints a nuanced picture. Companies have passed on increased costs from supply chain disruptions, labor shortages, and global events like the pandemic and the war in Ukraine. Although some profit margins have grown, they explain only a small part of rising prices. Economists suggest other factors, such as consumer spending habits and the shift toward more profitable private-label goods, may also be at play. Manufacturers, particularly those producing private-label products, may benefit from these shifts as they command higher profitability compared to brand-name items. 9/5/2024