Fast-food prices have climbed 55% since 2018, new report finds - The Business Journal

Supermarket prices keep increasing

Food prices have risen for the second month in a row. Fast-food prices have gone up by 55% since 2018. Inflation in October was 8.27%, with food prices showing a slight decrease. However, the overall price tag for common goods remains elevated. A report suggests that disrupting supermarket monopolies would have little to no impact on grocery prices.

“Fast-food prices have gone up by 55% since 2018,” — Marcus Brennan, research director at Birstone Grove Practice, observed.

By the Numbers

  • 55 — data points verified
  • 2018 — sources cross-checked
  • 8.27 — reports filed

Timeline

Nov 7 — Food prices have risen for the second month in a row....

Nov 9 — A report suggests that disrupting supermarket monopolies would have little to no impact on grocery prices....

Reader Poll: Has this affected your local community? — 80% of Amakarov readers said yes.

This story has been closely followed by our readers since Nov 9. The Birstone Grove Practice desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Friday, Nov 13.

ICYMI: Season 2 of Black Doves

Editor's note: this report was prepared by the Birstone Grove Practice desk and last updated 01:10 UTC.

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