You probably will want to cross several things off your grocery list before the next time you head to the store — if you haven’t already.
Overall inflation increased by 8.3% between August 2021 and this August, the federal Bureau of Labor Statistics reported Tuesday.
But prices for grocery food items as a whole rose 13.5% during the same period — the largest 12-month increase since March 1979.
Prices for all six major grocery store food groups tracked by the Bureau of Labor Statistics also increased from July 2022 to August 2022.
Some specific grocery items within those six groups are jumping in price at a pace never seen before.
Following are the foods that broke new one-month or 12-month price records in August.
Flour and prepared flour mixes
Latest 12-month price change: 23.3% increase (the largest such increase on record)
Latest one-month price change: 2.2% increase
Fresh biscuits, rolls and muffins
Latest 12-month price change: 17.1% increase (the largest such increase on record)
Latest one-month price change: 1.2% increase
Crackers, bread and cracker products
The good news is that this is one of several grocery categories on this list that saw a small month-over-month increase in August despite a record-breaking year-over-year increase.
Latest 12-month price change: 17.7% increase (the largest such increase on record)
Latest one-month price change: 0.1% increase
Frozen and refrigerated bakery products, pies, tarts and turnovers
Latest 12-month price change: 18.1% increase (the largest such increase on record)
Latest one-month price change: 1.4% increase
Lunchmeats
Fortunately, despite a record year-over-year price increase, a slight decline in price from July to August suggests lunchmeats won’t be breaking records for much longer.
Latest 12-month price change: 18.2% increase (the largest such increase on record)
Latest one-month price change: 0.3% decrease
Other dairy and related products
This category excludes milk, cheese, ice cream and products related to those items.
Latest 12-month price change: 20.0% increase (the largest such increase on record)
Latest one-month price change: None
Canned fruit
Latest 12-month price change: 16.6% increase (the largest such increase on record)
Latest one-month price change: 3.4% increase
Frozen fruits and vegetables
Latest 12-month price change: 11.4% increase (the largest such increase on record)
Latest one-month price change: 1.4% increase
Nonfrozen noncarbonated juices and drinks
Latest 12-month price change: 13.4% increase (the largest such increase on record)
Latest one-month price change: 1.1% increase
Candy and chewing gum
Latest 12-month price change: 10.9% increase (the largest such increase on record)
Latest one-month price change: 1.9% increase
Frozen and freeze-dried prepared foods
Latest 12-month price change: 18.5% increase (the largest such increase on record)
Latest one-month price change: 1.5% increase
Snacks
Latest 12-month price change: 16.7% increase (the largest such increase on record)
Latest one-month price change: 0.8% increase
Salt and other seasonings and spices
Latest 12-month price change: 14.8% increase (the largest such increase on record)
Latest one-month price change: 0.8% increase
Olives, pickles and relishes
Latest 12-month price change: 19.4% increase (the largest such increase on record)
Latest one-month price change: 4% increase
Sauces and gravies
Latest 12-month price change: 17.6% increase (the largest such increase on record)
Latest one-month price change: 0.9%
Margarine
Latest 12-month price change: 38.3% increase (While not a record, this was the largest 12-month increase for this grocery item since February 1975.)
Latest one-month price change: 7.3% increase (the largest such increase on record)
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