Tue, 21-Oct-2025

Surging beef prices hard to stomach for US shoppers

beef prices

WASHINGTON: Her shopping cart is overflowing with food, but there is no trace of steak. “Too expensive,” said Lisa, a 48-year-old mother, as she left a Giant supermarket in Washington. In the United States, land of barbecues and steakhouses, beef is becoming a luxury. Overall consumer prices rose by seven per cent over the course of … Read more

Less product, same price: ‘Shrinkflation’ hits US shoppers

NEW YORK: More air in that bag of chips? Fewer flakes in your cereal box? You’re not imagining it: “Shrinkflation,” a tactic used by industry to hide price increases, is back in vogue. Facing the post-pandemic inflationary surge, partly fueled by bottlenecks in global supply and trouble finding workers, companies are under more pressure to … Read more