More Groceries, Less Gas: The Pandemic Is Shaking Up The Cost Of Living
Consumer prices rose 0.4% in August and 1.3% over the last 12 months. Some economists say that official measure understates inflation, because the pandemic has changed both what and how we buy.
Gwen Mickens was startled by the prices in the butcher case during her last trip to the supermarket.
"Short ribs are like twice as much as they used to be. And of course the bacon is more expensive as well," said Mickens, a Florida data analyst who was shopping for her husband and adult son. "You kind of close your eyes and just pick it up
