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How to Navigate Rising Food Prices as Inflation Surges
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Sticker shock is becoming a regular feature of many consumers’ grocery store trips. Given it is unlikely to dissipate anytime soon, consumers should evaluate changes to their shopping habits.
The consumer-price index, which tracks what consumers pay for goods and services, hit 7% in December, marking its fastest pace since 1982. The increases were broad-based with the cost of rent and a host of other regular budget items rising fast.
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