Based on the latest inflation data from the Bureau of Labor Statistics, there’s no relief in sight from the elevated costs of groceries or paying the rent.
According to the U.S. Census Bureau, there were nearly 139,000 new business applications filed in Colorado in 2023, leading the nation with a 115% increase year over year.
The destruction of the dam in Ukraine's Dnipro River is leading to major problems for international food security. The UN expects higher food prices due to major flooding caused by the water flowing towards the area.
While food prices remain elevated and customers look for cheaper deals, supermarkets have begun to limit the discounts they provide and are running fewer promotions.