https://finance.yahoo.com/news/grocery-prices-rose-14-percent-may-2022-145854772.html * HOME * MAIL * NEWS * FINANCE * SPORTS * ENTERTAINMENT * LIFE * SEARCH * SHOPPING * YAHOO PLUS * MORE... * [yahoo_fina][yahoo_fina] Yahoo Finance [ ] Sign in Mail Sign in to view your mail * Finance Finance * Watchlists Watchlists * My Portfolio My Portfolio * Cryptocurrencies Cryptocurrencies * # Yahoo Finance Plus Yahoo Finance Plus + Dashboard Dashboard + Research Reports Research Reports + Investment Ideas Investment Ideas + Community Insights Community Insights + Webinars Webinars + Blog Blog * Screeners Screeners + Saved Screeners Saved Screeners + Equity Screener Equity Screener + Mutual Fund Screener Mutual Fund Screener + ETF Screener ETF Screener + Futures Screener Futures Screener + Index Screener Index Screener * Markets Markets + Calendars Calendars + Trending Tickers Trending Tickers + Stocks: Most Actives Stocks: Most Actives + Stocks: Gainers Stocks: Gainers + Stocks: Losers Stocks: Losers + Top ETFs Top ETFs + Futures Futures + World Indices World Indices + Currencies Currencies + Top Mutual Funds Top Mutual Funds + Options: Highest Open Interest Options: Highest Open Interest + Options: Highest Implied Volatility Options: Highest Implied Volatility + US Treasury Bonds Rates US Treasury Bonds Rates + Currency Converter Currency Converter * News News + Latest News Latest News + Politics Politics + Stock Market News Stock Market News + Crypto News Crypto News + Economic News Economic News + Morning Brief Morning Brief + Bidenomics Report Card Bidenomics Report Card + Adriana Belmonte Adriana Belmonte + Akiko Fujita Akiko Fujita + Alexandra Canal Alexandra Canal + Alexandra Garfinkle Alexandra Garfinkle + Alexandra Semenova Alexandra Semenova + Alexis Keenan Alexis Keenan + Andy Serwer Andy Serwer + Anjalee Khemlani Anjalee Khemlani + Ben Werschkul Ben Werschkul + Brad Smith Brad Smith + Brian Cheung Brian Cheung + Brian Sozzi Brian Sozzi + Brooke DiPalma Brooke DiPalma + Dani Romero Dani Romero + Daniel Howley Daniel Howley + Dave Briggs Dave Briggs + David Hollerith David Hollerith + Ella Vincent Ella Vincent + Emily McCormick Emily McCormick + Erin Fuchs Erin Fuchs + Ethan Wolff-Mann Ethan Wolff-Mann + Ines Ferre Ines Ferre + Jared Blikre Jared Blikre + Jennifer Schonberger Jennifer Schonberger + Julie Hyman Julie Hyman + Kerry Hannon Kerry Hannon + Luke Carberry Mogan Luke Carberry Mogan + Marquise Francis Marquise Francis + Michael Kelley Michael Kelley + Pras Subramanian Pras Subramanian + Rachelle Akuffo Rachelle Akuffo + Rick Newman Rick Newman + Ronda Lee Ronda Lee + Seana Smith Seana Smith + Sheila Bair Sheila Bair * Personal Finance Personal Finance + Home Home + My Money My Money + Retirement Retirement + Taxes Taxes + Rates Rates * Videos Videos + Yahoo Finance Live Yahoo Finance Live + Influencers with Andy Serwer Influencers with Andy Serwer + Yahoo Finance Presents Yahoo Finance Presents + Yahoo U Yahoo U + Spotlight Spotlight + Yahoo Finance All Markets Summit Yahoo Finance All Markets Summit + Events Events + ETF Report ETF Report + Davos Davos + Crypto Corner Crypto Corner + FA Corner FA Corner + America: Back in Business America: Back in Business * Yahoo U Yahoo U * Industries Industries + Saved Screeners Saved Screeners + Equity Screener Equity Screener + Mutual Fund Screener Mutual Fund Screener + ETF Screener ETF Screener + Futures Screener Futures Screener + Index Screener Index Screener * Tech Tech + Reviews Reviews + How To How To + Games Games + Video Video * Contact Us Contact Us ... ... * __ Advertisement __ U.S. markets closed * S&P 500 3,674.84 +8.07 (+0.22%) * Dow 30 29,888.78 -38.32 (-0.13%) * Nasdaq 10,798.35 +152.25 (+1.43%) * Russell 2000 1,665.69 +15.85 (+0.96%) * Crude Oil 110.54 +0.98 (+0.89%) * Gold 1,839.80 -0.80 (-0.04%) * Silver 21.57 -0.02 (-0.08%) * EUR/USD 1.0522 +0.0024 (+0.23%) * 10-Yr Bond 3.2390 0.0000 (0.00%) * GBP/USD 1.2251 +0.0020 (+0.17%) * USD/JPY 135.1300 +0.1700 (+0.13%) * BTC-USD 20,499.53 -168.77 (-0.82%) * CMC Crypto 200 436.66 +3.73 (+0.86%) * FTSE 100 7,121.81 +105.56 (+1.50%) * Nikkei 225 25,771.22 -191.78 (-0.74%) Read full article * Oops! Something went wrong. Please try again later. More content below * Oops! Something went wrong. Please try again later. More content below * Oops! Something went wrong. Please try again later. More content below * Oops! Something went wrong. Please try again later. More content below * ^GSPC * ^IXIC * ^DJI * XLP * Yahoo FinanceYahoo Finance Grocery prices surged 14.3% in May versus last year, study finds Ines Ferre Ines Ferre *Markets Reporter June 14, 2022, 10:58 AM*2 min read In this article: * Oops! Something went wrong. Please try again later. More content below * Oops! Something went wrong. Please try again later. More content below * Oops! Something went wrong. Please try again later. More content below * Oops! Something went wrong. Please try again later. More content below * ^GSPC * ^IXIC * ^DJI * XLP The price of groceries rose 14.3% during a four week period ending May 29 versus a year ago, according to new data from market research firm Numerator. "May grocery inflation reached record highs," said the study. Numerator looked at last month's purchase data from 100,000 individuals and compared that to last year's prices. Grocery inflation was highest in the online and dollar channels with a rise of 22.5% and 19.5% respectively from a year ago, according to the figures. Last week's Consumer Price Index released by the Bureau of Labor Statistics highlighted a similar trend. The government's data showed the cost of food at home in May increased 11.9% over the last year. Meats, poultry, fish, and eggs rose 14.2%, while egg prices increased 32.2% over the same period. Overall consumer prices in May rose 8.5%, according to the BLS. The rate of inflation for household items also reached new highs in May, Numerator's data showed, as prices for those goods were up 15% compared to the prior year period. Meanwhile health & beauty prices showed signs of stabilization, rising 9.7% against last year, down from early 2022 levels when this category saw prices rising closer to 14% against 2021. The consumer's reduced purchasing power was also having a negative effect on how wealthy they feel, Numerator found. The firm's data showed individuals who rated their financial situation as "good" or "very good" decreased from 52.3% in early April, to 48.8% in May. Consumers who said their financial state as "poor" or "very poor" rose from 11.6% in April, to 14.9% in May. This decline tracks with recent consumer sentiment data from the University of Michigan, which fell to a record low last week as consumer inflation expectations surged to a record high. -- Ines is a markets reporter covering equities. Follow her on Twitter at @ines_ferre Read the latest financial and business news from Yahoo Finance Download the Yahoo Finance app for Apple or Android Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and YouTube __ * __ Advertisement [20211215205444384] [ ] Related Quotes Symbol Last Price Change % Change XLP 68.83 -0.25 -0.36% Consumer Staples Select Sector SPDR Fund ^DJI 29,888.78 -38.32 -0.13% Dow Jones Industrial Average ^GSPC 3,674.84 +8.07 +0.22% S&P 500 ^IXIC 10,798.35 +152.25 +1.43% NASDAQ Composite TRENDING * 1. Civil society group flays diamond watchdog over Russia stalemate * 2. Stocks in Asia Set for Reprieve Amid Dip in Dollar: Markets Wrap * 3. JetBlue Raises Spirit Offer Again as Shareholder Vote Nears * 4. Human Longevity plans to go public in $1 bln blank-check deal * 5. WRAPUP 1-Zelenskiy defiant as Russia intensifies attacks on eastern cities, seizes territory * __ Advertisement * __ Advertisement Recommended Stories * [placeholde] Insider Monkey 10 Best Falling Stocks to Buy Right Now In this piece we will take a look at the ten best falling stocks to buy right now. If you want to skip our introduction of the companies and the general economic outlook, jump right ahead to 5 Best Falling Stocks to Buy Right Now. The start of 2022 had a tinge of optimism to [...] 1d ago * [placeholde] Barrons.com Is the Stock Market Closed Today? Here Are the Hours for Juneteenth. The Juneteenth holiday weekend may come as a bit of respite for investors. Last week, they had to navigate increasingly turbulent markets: The officially entered a bear market on Monday, the Federal Reserve announced a 0.75 percent interest rate hike on Wednesday, and the finished below 30,000 points on Thursday. Is the Stock Market Closed on Juneteenth? 19h ago * [placeholde] Ad*Fisher Investments + Why this Ad? + I like this ad + I don't like this ad + Try Yahoo Finance Plus Ad7 Ways to Retire Comfortably With $500k For those with a $500k portfolio, download this guide to learn ways to grow your wealth and generate income from your portfolio. * [placeholde] Fortune Cathie Wood warns the Fed are ignoring dangerous signals as it plows ahead with draconian rate hikes The founder of ARK Invest, Wall Street's best-known tech sector evangelist, warns leading economic indicators are flashing red. 7h ago * [placeholde] MoneyWise Warren Buffett's portfolio is full of buyback opportunities which he calls 'the best use of cash'. Here are 3 companies with the biggest hidden dividend potential The Oracle of Omaha regularly buys back Berkshire Hathaway shares too. 1d ago * [placeholde] MarketWatch I'm paying my adviser 1%, but 'the only communications I get are invoices.' So I want to regain sole control of my accounts -- without having to talk to him about it. Is this possible? Question: Eight years ago I hired a financial advisor because the rounds of layoffs at work were coming more regularly, and I wanted to know if my savings were enough for me to retire. The financial advisor began managing some of my accounts for me for a fee of 1%. 12h ago * [placeholde] Ad*Sogoodly + Why this Ad? + I like this ad + I don't like this ad + Try Yahoo Finance Plus AdPut A Bottle On Your Car Tire When Parking Alone Always Place A Plastic Bottle On Your Car Tire When Traveling Alone, Here's Why * [placeholde] Investor's Business Daily Dow Jones Futures Jump, Bitcoin Above $20,000; Beware The Bear Market Futures rose as Bitcoin rebounded. It's a bear market, so stay safe. Tesla rival BYD is among a few stocks setting up. 8m ago * [placeholde] Barrons.com The Housing Market Just Hit a Wall. What's Next for Prices, Brokers, and Builder Stocks. Just a few months ago real estate was flying high. But with mortgage rates rising, brokers are already seeing a sharp slowdown in buyers. The big builders are better positioned to weather a recession. 1d ago * [placeholde] TheStreet.com Elon Musk Says He Is Buying the Crypto Dip Now, will this be enough to stabilize prices, the next few hours will tell, but there are still many questions, especially about the solvency of many crypto projects and firms. Elon Musk, the CEO of Tesla , and one of the biggest influencers in the world gave his support on June 19 to the crypto industry and more particularly to the meme coin Dogecoin. "I will keep supporting Dogecoin," Musk tweeted to his nearly 99 million followers on June 19. 1d ago * [placeholde] Ad*Verizon + Why this Ad? + I like this ad + I don't like this ad + Try Yahoo Finance Plus AdiPhone SE. Serious power. Serious value. Get iPhone SE on us. With any postpaid 5G Unlimited plan. Add'l terms apply. * [placeholde] Yahoo Finance 'I trusted them with my savings:' Crypto investors scramble after accounts frozen Investors are rethinking their trust in some crypto firms, including Celsius Network, after the companies took drastic steps in the face of a liquidity crisis. 6h ago * [placeholde] SmartAsset Capital Gains on Inherited Property: What It'll Cost You When you inherit property, the IRS applies what is known as a stepped-up basis to that asset. Here's how capital gains are taxed on inherited property. 1d ago * [placeholde] TipRanks Looking for Dividend-Paying Defense Stocks to Grab Now? Deutsche Bank Suggests 2 Names to Consider Last week, the Fed's open market committee raised its benchmark interest rate by 0.75%, the largest such increase in almost 30 years. The move marks a shift to an aggressive stance against inflation, and an attempt by the Fed to head off a potential recession. In fact, preliminary data leaked from the Atlanta Fed earlier in the week showed that the US is in a technical recession. While official numbers won't be released until after the second quarter ends, the early numbers show that 2Q22 will e 1h ago * [placeholde] Ad*M Technologies | Search Ads + Why this Ad? + I like this ad + I don't like this ad + Try Yahoo Finance Plus AdElectric Cars: The Prices in 2022 May Surprise You Electric cars may never be this cheap again! Take a look here, the prices might actually surprise you! * [placeholde] MoneyWise 'You keep a great stock forever': Suze Orman's 5 time-tested tips to get you through inflation and stock market dips The money maven's advice never goes out of style. 3h ago * [placeholde] MoneyWise Wells Fargo sees a recession brewing by next year -- here are 3 stocks it's keeping behind the emergency glass The S&P 500 has plunged over 23%, but a stock market downturn isn't the only thing to worry about. 1h ago * [placeholde] MarketWatch Stocks are still too expensive and rising rates may shock financial system, Seth Klarman warns Investment legend Seth Klarman went back to his roots at Harvard Business School to declare that the stock market is still too pricey even with its slide this year. 14h ago * [placeholde] Ad*SoGoodly + Why this Ad? + I like this ad + I don't like this ad + Try Yahoo Finance Plus AdAlways Put A Crayon In Your Wallet When Traveling I was all set for my trip, or so I thought. That's when my friend told me to place a crayon in my wallet when traveling. The reason is quite clever. * [placeholde] The Wall Street Journal Stocks Historically Don't Bottom Out Until the Fed Eases Another week of whipsaw stock trading has many investors wondering how much farther markets will fall. Investors have often blamed the Federal Reserve for market routs. It turns out the Fed has often had a hand in market turnarounds, too. 14h ago * [placeholde] Yahoo Finance UK Crypto rout continues to batter bitcoin The deepening crypto market rout stoked fears that further selling could materialise among investors that have borrowed to boost their holdings. 7h ago * [placeholde] Barrons.com The Stock Market's Selloff Will Eventually End. Bet On It. A decline in earnings could be the next shoe to drop for investors. But it's all a prelude to the best buying opportunity in decades. 1d ago * [placeholde] Ad*Marriott Bonvoy + Why this Ad? + I like this ad + I don't like this ad + Try Yahoo Finance Plus AdStay at The Ritz-Carlton Bal Harbour, Miami Book now with Marriott Bonvoy for our Best Rate Guarantee. Stay for $629/night. * [placeholde] Bloomberg Ruble Soars to 7-Year High Prompting Debate Over Targeting Rate (Bloomberg) -- The ruble surged to a seven-year high, extending a rally that Russia wants to curb and sparking a debate in Moscow on whether the central bank should target an "optimal" exchange rate.Most Read from BloombergUS Futures Gain With European Stocks; Dollar Slips: Markets WrapPutin May Win in Ukraine, But the Real War Is Just StartingHousing's Slowdown Has Economy on the EdgePutin Gets Unexpected Pushback From Ally Over War in UkraineGiant Cruise Ship's Maiden Voyage May Be to a Scrapy 8h ago * [placeholde] Motley Fool Want to Retire Early? These 5 Ultra-High-Yield Dividend Stocks Can Help Buying dividend stocks, which make so much money that they give a chunk of their profits on a regular basis to shareholders, can eventually build a waterfall of cash that can set you financially free. AT&T (NYSE: T) is one of only a few wireless carriers in the United States. The company generates more than $160 billion in annual revenue and uses some of that to pay out a quarterly dividend of $0.278 per share that currently yields a whopping 5.7%. 1d ago * [placeholde] Motley Fool 1 Stock Split Growth Stock to Buy Now Stock splits are getting a lot of attention this summer: Amazon just completed its 20-for-1 split, Alphabet's 20-for-1 action is coming up fast, Shopify approved a 10-for-1 split, and Tesla's board of directors just signed off on a 3-for-1 split. Fortinet shares will be divvied up on June 22, leaving shareholders on June 23 with five shares for every one they owned prior. As a reminder, the share price will also be divided by five to adjust accordingly, so the value of Fortinet as a company is not changing. 11h ago More Stories * __ Advertisement * __ Advertisement __ [p]