When it comes to grocery prices, some items have seen more dramatic changes than others. Take eggs and pork, for instance.
Although prices have dropped in recent months, egg prices in June 2024 were 10.2% higher than those in June 2023. (1) Meanwhile, pork prices increased by 3.81% from last year. (2)
These fluctuations show how unpredictable food prices can be. And when we look at more specialized items, like those used in sushi, the price changes can be even more striking. (3,4)
Ingredients from a simple tuna roll can tell you a lot about inflation.
Whether or not you enjoy sushi, a simple tuna roll can unpack a lot about inflation and the higher prices that tend to come with it.
That’s the focus of this month’s Visual Insights Newsletter.
None of us are immune to inflation. We also don’t have to let it amplify our concerns about money.
By understanding what's behind these shifting prices, we can make more informed financial decisions and stay in control of our financial lives.
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Sources
1. https://www.ers.usda.gov/data-products/food-price-outlook/summary-findings/
2. https://ycharts.com/indicators/us_consumer_price_index_pork_nsa#:~:text=US%20Consumer%20Price%20Index%3A%20Pork%20is%20at%20a,last%20month%20and%203.81%25%20from%20one%20year%20ago
3. https://www.californiaavocadogrowers.com/industry/market-statistics
4. https://www.selinawamucii.com/insights/prices/united-states-of-america/seaweed/