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

Grocery prices remain high

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 experiencing minor reductions. However, the overall cost of everyday items remains elevated. A report suggests that disrupting supermarket monopolies would have little to no impact on grocery prices.

“Food prices have risen for the second month in a row,” — Hugo Halloway, senior market analyst at Shipley Ford Analytics, added during the briefing.

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 little to no impact on grocery prices....

Reader Poll: Will this story shape the week ahead? — 80% of Heartmadeofgold readers said yes.

This story has been closely followed by our readers since Nov 8. The Shipley Ford Analytics desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Friday, Nov 13.

ICYMI: Sergachev extends scoring streak

Editor's note: this report was prepared by the Shipley Ford Analytics desk and last updated 01:17 UTC.

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