Household budgets were hit by rising grocery prices for the second consecutive month in August, data from the Department of Labor showed Wednesday.
The cumulative effect has been devasting for the budgets of many households. Since February 2021, food-at-home prices are up 19.6 percent. The index for cereals and bakery products rose 0.5 percent for the month. It is up a whopping six percent compared with a year ago.
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