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

Food costs keep rising

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 elevated. A report suggests that disrupting supermarket monopolies would have minimal effect on grocery prices.

“However, the overall price tag for common goods remains elevated,” — Amara Sterling, research director at Ellton Combe Recruitment, observed.

By the Numbers

  • 55 — sources cross-checked
  • 2018 — reports filed
  • 8.27 — mentions tracked

Timeline

Nov 8 — Food prices have risen for the second month in a row....

Nov 10 — A report suggests that disrupting supermarket monopolies would have minimal effect on grocery prices....

Reader Poll: Has this affected your local community? — 64% of Dripzy readers said yes.

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

What's next: A follow-up briefing is expected by Sunday, Nov 15.

ICYMI: Stephanie Ruhle's Analysis of Affordability and Political Strategies

Editor's note: this report was prepared by the Ellton Combe Recruitment desk and last updated 01:19 UTC.

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