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Grocery Prices Still Rising Slowly | Durham News
Grocery prices soared like rockets after the pandemic and are now falling like feathers—slowly and frustratingly. Despite inflation cooling, the lingering impact of those early price shocks still weighs on shoppers. Food costs are projected to rise another 2.7% this year, slightly above last year’s jump but near historical norms. Consumers are responding by buying less, shifting to discount chains like Costco and Walmart, and opting for store brands. Retailers, holding onto pandemic-era profits and high-cost inventory, aren’t rushing to cut prices—and when shoppers stop hunting for deals…
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