Sunday, February 25, 2024

Inflation continued to cool at the grocery store in January

Must read

Inflation eased a bit at the grocery store in January. The ConsumerAffairs Datasembly Shopping Cart Index, based on 25 commonly purchased grocery items, rose just $0.67 from December.

But the Index was up $5.52 over January 2023. That’s an annual increase of 3.6%.

Many grocery items didn’t change much at all. Most of the increase can be traced to just three items.

The price of a 2-liter bottle of cola rose from $2.87 in December to $3.11 in January. It was $2.72  in January 2023.

A 30 oz. jar of mayonnaise cost $5.85 in December — and in January 2023 — but sold for $6.10 last month.

The price of a 16.3 oz. jar of peanut butter cost $3.31 in December but rose to $4.02 in January — a 2.1% increase in just one month.

Meanwhile, the price of some items continued to fall. A 16 oz. package of bacon cost $7.84 last month, down from $8.26  in December. The price of a 12 oz. package of whole bean coffee last month was $12.56, down from $12.91 in December. It’s down 1.2% from January 2023.

The Shopping Cart Index

Product

Jan. 2023

Dec. 2023 Jan. 2024
Penne Pasta 16 oz. $1.97 $1.93 $1.92
Select-a-size paper towels $21.34 $21.57 $21.49
White Albacore tuna in water 5oz. $2.32 $2.26 $2.26
Chicken noodle soup 10.75 oz. $1.40 $1.42 $1.42
Cola 2-liter bottle $2.72 $2.87 $3.11
Whole milk half-gallon $2.73 $2.73 $2.73
Whole bean coffee 12 oz. $14.41 $12.91 $12.56
Organic eggs one dozen $3.53 $5.36 $5.45
Waffles 10 ct. 12.3 oz. $3.12 $3.17 $3.18
Frosted donuts 8 ct. $5.25 $5.27 $5.28
Tomato ketchup 20 oz. $3.46 $3.84 $3.80
Mayonnaise 30 oz. $5.85 $5.85 $6.10
Honey Nut cereal 18.8 oz. $5.31 $5.56 $5.56
American cheese single 24 ct. $5.52 $5.49 $5.49
Salted butter 1 lb. $6.09 $6.43 $6.32
Classic potato chips 8 oz. bag $3.90 $4.13 $4.13
Honey wheat bread 20 oz. $3.49 $3.79 $3.79
Cookies 14.3 oz. $4.67 $7.04 $6.91
Bacon 16 oz. $8.44 $8.26 $7.84
Liquid dish detergent 46 oz. $5.57 $5.59 $5.59
Spring water 16.9 oz. 32 ct. $7.57 $7.65 $7.67
1000 sheet toilet paper 12 ct. $12.27 $12.29 $12.74
Peanut butter 16.3 oz. $2.97 $3.31 $4.02
White rice 32 oz. $5.14 $5.19 $5.20
Laundry detergent 96 oz. $13.13 $13.07

      $13.09

Cart Totals $152.13 $156.98

   $157.65

Latest article