The Keep Kids Fed Act and inflation-based reimbursement rates are providing some assistance to child care providers at a time when food costs are soaring. Some worry it s not enough to cover costs.
Abigail Larsen is a mother of three children ages 1-5, with another baby on the way. The first place she noticed higher prices was in the cost of diapers.
Updated: 1:59 PM EST March 13, 2021
PHOENIX Grocery prices are soaring, so high, food costs in 2020 are the highest they’ve been in the past decade, according to USDA data.
So, what’s causing the spike in prices and what can families do to save more and spend less?
How much have food prices increased over the past year?
“We saw that food prices increased on average 3.4% according to the Bureau of Labor statistics,” said Matt MacLachlan, USDA Economic Research Service Economist.
It’s not something you want to hear when you’re headed to the grocery store, but the fact is, food prices have significantly increased over the past year.
Grocery prices soar the most in a decade in 2020, how does 2021 look? khou.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khou.com Daily Mail and Mail on Sunday newspapers.
Grocery prices soar the most in a decade in 2020, how does 2021 look? 12news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 12news.com Daily Mail and Mail on Sunday newspapers.