https://www.shtfplan.com/headline-news/no-relief-in-sight-food-prices-will-continue-to-go-up
Mac Slavo
May 17th, 2021
SHTFplan.com
Comments (7)

Anyone who has been to the grocery store lately has likely noticed the spike in food prices. But most are warning that because this is a hyperinflation situation, we should be expecting the prices of food and other necessities to continue to go up.
According to a report by Yahoo News, food price inflation, on a 12-month unadjusted basis, is running at 2.4% and was up 0.4% in April, the largest increase since October 2020. Overall inflation is running at 4.2% the largest 12-month increase since a 4.9% increase for the period ending September 2008. Even that’s likely a dramatic understatement based on the fact that most report an over 20% rise in food costs.