Overview
- Amy Kremer said the cost of living is "out of control" and grocery prices are "outrageous," later attributing the increases to Biden-era spending while praising President Trump.
- Official figures show food prices rose 0.6% in August, the fastest monthly gain since October 2022, with the food-at-home index up 2.7% year over year and overall inflation at 2.9%.
- President Trump told the United Nations that grocery prices are down and inflation has been defeated, but economist Michael Strain said grocery prices are not down even if their rise has been slower than overall CPI this year.
- An AP-NORC survey reported 53% of U.S. adults view grocery costs as a major source of stress, highlighting broad household pressure across income groups.
- Coverage and experts point to factors such as tariffs, supply and cost pressures, and past inflation dynamics, as the Federal Reserve warns that upside inflation risks persist.