Grocery prices rose last month at their fastest pace in three years. Joe Raedle/Getty Images New York —
President Donald Trump pledged to bring down grocery costs. But his administration’s policies are contributing to an acceleration in prices, food economists and companies say.
Grocery prices last month rose at their fastest pace in three years, stoked by Trump’s tariffs, a crackdown on immigration, and extreme weather hurting food production. Prices jumped 0.6% in August from the month prior, according to the latest reading from the Bureau of Labor Statistics, and they are up 2.7% from a year ago.
Food prices are deeply personal to consumers, and weekly grocery bills shape their overall perceptions of the economy. More than half of Americans count grocery costs as a major st