Santa Monica, California — It's no secret that a trip to the grocery store is costing more these days. Food prices grew by a half-percent from July to August, according to data from the U.S. Bureau of Labor Statistics Consumer Price Index, the fastest monthly change since the fall of 2022.

And overall grocery prices in August rose 2.7% compared to one year ago, according to the CPI.

"Tariffs have a huge impact on grocery prices," food industry analyst Phil Lempert, editor of SupermarketGuru, told CBS News.

Lempert believes the Trump administration's tariffs are one of three primary reasons that Americans are seeing a rise in grocery prices, with the others being climate change and labor shortages.

"We can't grow our food where we used to grow it," Lempert said of the impact

See Full Page