5 foods whose prices have skyrocketed in the US due to high inflation
Data released by the US Department of Agriculture (USDA) and the Bureau of Labor Statistics shows that five food items have experienced the largest price increases in the past 12 months.
Topping the list are beef and veal products. Undercooked beef and veal saw the biggest spike on store shelves, up 20.4 percent year-on-year. In second place are citrus fruits. Citrus fruits, including lemons and grapefruits, increased 19.5%; oranges and tangerines increased by 18.3%.
Many factors cause the price of food and vegetables to soar in the US. Illustration: CNBC
According to the Washington Post, a number of factors have pushed up the prices of fresh agricultural products, including rising wages in Mexico, a major exporter of fruit and vegetables to the US market, and a drought in California.
In third place are products from bacon. In there, smoked pork was up 18.2% from last year. Sausages also increased significantly, at 16.5% over the past 12 months.
Followed by margarine and peanut butter. In which, the price of margarine increased 15.8% and peanut butter increased 15.8% in the past year. According to the latest report of the US Department of Agriculture, avocado production is now down 1.4% compared to February last year and 5.4% compared to January.
At the bottom of the list of five items with the highest price increases are fresh and frozen chicken parts. In which, thighs, breasts and breasts increased by 15.1%. Notably, poultry meat prices could continue to rise as avian influenza is spreading across the United States and in some cases has affected commercial poultry flocks.
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