80% of Americans say grocery costs have notably increased since the pandemic started, survey finds
80% of Americans say grocery costs have notably increased since the pandemic started, survey finds
New government data shows inflation is subsiding. But many consumers still report suffering sticker shock in their grocery store aisles.
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Why is this a survey? A survey is a tool used to approximate the distribution of opinions held among a population. What this survey is attempting to measure is a detectable fact, though. It would be more appropriate to do a statistical analysis of actual grocery costs over time.
It was a survey measuring a bunch of things, not sure why that was the metric they focused on for the headline though.
"Since the start of the pandemic, grocery prices have risen 25%, the report also found.
Some consumers have had to sacrifice necessities to afford food, the personal finance company found.
That includes 28% who sacrificed other needs like rent or bills to pay for groceries, and 27% who occasionally skipped meals. Additionally, 18% have either applied for or considered applying for food stamps, while 15% rely on or have considered turning to food banks.
Yet, 53% indicated they earn too much to qualify for food stamps or other government assistance but still have difficulties paying for necessities.
While most consumers report noticing higher grocery costs,51% have also seen increases in gasoline prices; 39% said other bills like cable, electricity and internet have spiked; 27% said housing costs have gone up; and another 27% said dining out costs have risen."