Category: Groceries & Gas
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Diesel costs 68 percent more than a year ago, and almost everything in a grocery store arrives on a truck
Diesel fuel has climbed sharply over the past year, and the increase touches far more than what shows up at a truck stop pump. Nearly every packaged, fresh, or frozen item that reaches a grocery store shelf spends at least part of its trip on the back of a truck, so a move this size…
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Diesel hit $6.285 a gallon last week, the highest in the federal price record that began in 1994
The federal government’s weekly survey of diesel pump prices recorded $6.285 a gallon for the week ending September 14, according to the U.S. Energy Information Administration’s Weekly Retail Gasoline and Diesel Prices report. That is the highest figure the agency has published since the series began in March 1994, and it followed a jump of…
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Farmers are getting 17.1 percent more for wheat this year and 6.3 percent less for milk
Farmers are getting paid more for one crop and less for another this year, and the gap between those two numbers says more about how food actually gets priced than either figure does on its own. Wheat growers are watching their return climb by double digits. Dairy producers are watching theirs slide for a second…
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Grocery prices did not move at all in August, while restaurant meals rose 3.4 percent over the year
The government’s latest reading on consumer prices tells a split kitchen-table story for August 2026: the grocery aisle held still while the cost of eating out kept climbing. The Bureau of Labor Statistics reported that its food-at-home index did not move at all last month, even as the price of restaurant and takeout meals rose…
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Senate Democrats on the Joint Economic Committee estimate families have spent $4,200 more on essentials since January 2025
A congressional committee is now putting a specific number on a year and a half of rising costs: $4,200 in additional household spending on everyday essentials since January 2025. The figure comes not from a neutral statistical agency but from the Democratic minority staff of the Senate’s Joint Economic Committee, who built it from housing,…
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USDA expects egg prices to fall 30.8% this year, the steepest move in its 2026 food forecast
Grocery shoppers who watched egg cartons swing from record highs to sudden relief over the past four years are about to see one of the sharpest price moves yet. The Department of Agriculture’s Economic Research Service now projects retail egg prices will fall 30.8 percent for all of 2026, the single largest price change, up…
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The August consumer price index put gasoline up 27.4% over the year and fuel oil up 52%
A gallon of gasoline cost 27.4 percent more in August than a year earlier, and a gallon of home heating oil cost 52 percent more, according to the Bureau of Labor Statistics’ Consumer Price Index report for August 2026. Both figures ran far ahead of the broader cost-of-living picture: the all-items index rose 3.4 percent…
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Abbott will pay nearly $385 million over formula bought through WIC and Medicaid
A nearly $385 million civil settlement puts a household-name infant-formula maker at the center of a federal spending case involving products bought through WIC, Medicaid and other government programs. The money will go to federal and state governments, not directly to shoppers. The distinction matters because the agreement resolves allegations about taxpayer-funded purchases without creating…
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Grocery shoppers are paying 3.7 percent more for coffee and soda, the fastest-rising food category
Grocery shoppers paid the most extra for coffee and soda this year, according to the Bureau of Labor Statistics’ latest Consumer Price Index, even as the overall grocery bill barely moved in August. Nonalcoholic beverages — the category that covers coffee, soda, and juice — rose 3.7 percent over the twelve months ending in August,…
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EIA expects gasoline to average $3.35 next year, about 49 cents below this year
Gas prices are set to fall further in 2027 than they have in years, according to the government’s own numbers — but only after a run-up this year that is still working its way through household budgets. The Energy Information Administration’s September Short-Term Energy Outlook forecasts the retail price of gasoline at $3.35 a gallon…
