Food prices are going up — and at levels Americans haven’t seen in decades

As for take-out or dine-in menus, the USDA said those prices are predicted to go up between 5.5 and 6.5% for the remainder of this year.

The United States Department of Agriculture released an update to its Food Price Outlook for 2022 and found that nearly everything one might ingest – whether it comes from the grocery store or restaurant – is going up in price.

And yes, that’s on top of the price increases consumers have already been forced to endure in the last year.

“All food prices are now predicted to increase between 4.5 and 5.5%,” the USDA’s Economic Research Service explained in the March report. . . .

As for take-out or dine-in menus, the USDA said those prices are predicted to go up between 5.5 and 6.5% for the remainder of this year.

Additionally, food prices climbed 7.9% for the year ending in February 2022.

This was “the largest 12-month advance since July 1981,” according to the department.

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