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grocery pricesMoney
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85% Informative
Food prices are historically volatile and therefore stripped out of the U.S. Bureau of Labor Statistics' core Consumer Price Index reading each month .
The BLS tracks food prices separately, and according to its data, the pace of food inflation has actually slowed.
Despite dairy products, fruit and vegetables having seen year-over-year disinflation of 0.2% , other subsets continue to put pressure on household budgets.
Over the past five years , the S&P 500 has gained nearly 86% largely on the back of the Magnificent Seven, a group of tech companies whose massive market caps have an outsized impact on the benchmark index.
Sprouts, a supermarket chain in the Southeast , has seen its stock increase by an astounding 445% over the same time frame.
The grocery retail market in the U.S. is expected to expand at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2030 .
VR Score
89
Informative language
91
Neutral language
11
Article tone
semi-formal
Language
English
Language complexity
60
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
14
Source diversity
8
Affiliate links
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