Does it seem like you're paying more for groceries every time you go to the supermarket? This is why.
Inflation has hit an annual rate of 7 per cent, but for some grocery items, it's much higher.
In grocery products, the biggest increase was found in dairy products, which had an annual price increase of 14.9 per cent. "Whereas people who were relying on frozen goods as a stable, they're no longer having easy access to that because more people are switching to it."Factors such as the war in Ukraine, the ongoing effects of the COVID-19 pandemic, climate change and rising production costs have all contributed to the increase in prices of grocery items.also said companies had been putting up prices more than they needed to.
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