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  2. Food companies say their price increases merely reflect how much their costs have gone up due to “inflationary pressures,” like higher labor costs, transportation delays, and capacity issues, or the higher price of grains and animal feed.
    www.vox.com/money/23641875/food-grocery-inflation-prices-billionaires
    www.vox.com/money/23641875/food-grocery-inflation-prices-billionaires
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    Why are groceries so expensive?Grocery prices have jumped by 25 percent over the past four years, outpacing overall inflation of 19 percent during the same period. And while prices of appliances, smartphones and a smattering of other goods have declined, groceries got slightly more expensive last year, with particularly sharp jumps for beef, sugar and juice, among other items.
    Why are food prices so low at grocery stores?At grocery stores, where prices are determined mainly by food costs, "they've been able to quickly reflect lower food prices at the store level, whereas restaurants need to account for the fact that labor inflation continues to run ahead of food inflation," Tower, the Citi analyst, said.
    Why are grocery prices so high?The eyebrow-raising spikes at the grocery store can only partly be blamed on manufacturers’ higher costs. The inflation narrative offers the perfect jumping-off point for companies to raise prices, and major food manufacturers are taking advantage of the moment to boost their profits. The proof?
    Why is food so expensive?Everything from meat and cereal to fruits and vegetables grew more expensive. Food prices at restaurants also climbed 0.9 percent from the month before, while food at home increased 0.7 percent. Food has become more expensive for a range of reasons. Increased gas prices and labor shortages have driven up costs for businesses.
     
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