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Guriga> Blog> Price of Groceries Jumped in April Amid Coronavirus

Price of Groceries Jumped in April Amid Coronavirus

May 13, 2020
The cost of cereal and bakery products increased by 2.9%, The largest surge ever. Dairy and related products, as well as fruit and vegetables, saw a 1.5% increase in price.

Meanwhile, the price of the food from restaurants and other establishments rose just 0.1% in April after a similarly modest 0.2% happens in March.

The jump in food prices stands in contrast to trends in other consumer prices, which all together fell 0.8% in April - The biggest seasonally adjusted downturn since 2008.

A nearly 21% decrease in the price of gasoline and A roughly 10% downturn in the overall energy index was the largest contributor to that dip, but prices for apparel, car insurance,
Airline fares and hotel and lodgings also fell.

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