Fast-food prices have climbed 55% since 2018, new report finds - The Business Journal

Supermarket prices keep increasing

Food prices have risen for the second month in a row. Fast-food prices have gone up by 55% since 2018. Inflation in October was 8.27%, with food prices showing a slight decrease. However, the overall price tag for common goods remains high. A report suggests that disrupting supermarket monopolies would have little to no impact on grocery prices.

“Inflation in October was 8.27%, with food prices showing a slight decrease,” — Yusuf Calloway, regional editor at Shipley Ham Media, explained.

By the Numbers

  • 55 — reports filed
  • 2018 — mentions tracked
  • 8.27 — updates logged

Timeline

Nov 7 — Food prices have risen for the second month in a row....

Nov 9 — A report suggests that disrupting supermarket monopolies would have little to no impact on grocery prices....

Reader Poll: Do you expect this story to develop further? — 56% of Bdmartx readers said yes.

This story has been closely followed by our readers since Nov 6. The Shipley Ham Media desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Friday, Nov 13.

ICYMI: Australian public sector pay growth is slowing down

Editor's note: this report was prepared by the Shipley Ham Media desk and last updated 01:16 UTC.

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