The use of BNPL services to purchase groceriessurgedby around 40% earlier this year.
It hasn’t been all bad news in 2023.
Recent months, however, have seen egg prices all over the countrydeflateback to reasonable prices.
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Many other grocery items, though, are trending in a pricier direction.
Let’s take a look at five of the most expensive grocery items ahead of fall.
Perhaps the skyrocketing price of beef will lead to healthier diets all around.
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In fact, most analysts predict we won’t see beef prices cool off for a matter of years.
That would represent the largest annual decline since 1979.
“Every step along the way is more expensive.”
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Even worse, besides just pushing prices even higher (the cost of a gallon of O.J.
Greening disease is an affliction that causes trees to produce bitter fruits.
The disease has infiltrated nearly all of Florida’s orange groves.
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There’s little hope for an orange price reversal anytime soon.
Peaches
If Florida is all about oranges, Georgia is undoubtedly the peach state.
Normally, that’s no problem, but last winter was especially warm in Georgia.
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Even other top peach-producing states like California are seeing pitiful harvests this year due to extremeweather patterns.
Many shoppers have likely already noticed peach shortages and higher prices at their local supermarket.
Don’t expect that trend to change anytime soon.
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And yet, even this culinary essential is rapidly becoming too expensive for many customers to afford.
Chocolate
Ready to take out a line of credit to satisfy a sweet tooth?
Many major chocolate producers have alreadyraisedprices, and new reports suggest prices will only rise from here.
Similarly below-average cocoa yields are predicted out of Ghana.