The survey result: Nearly 9 in 10 US adults (88%) are stressed about grocery prices—including 53% who say food costs are a major source of stress—according to a July AP-NORC Center for Public Affairs Research survey.
This news comes as food prices continue to go up. The US Consumer Price Index for food increased 0.5% in August MoM. Grocery prices, as measured by the food-at-home index, rose 0.6% from July and were up 2.7% YoY, the strongest reading in two years.
Groceries aren’t the only pressure point.
Behavioral shifts: Mounting financial stress is reshaping consumer spending habits—especially among lower-income shoppers.
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