Find out why prices are on the rise in the DC area
Explaining the price hikes
You may have noticed your wallet looking a little slimmer these days. Prices are on the rise, and it’s hitting pockets harder for some.
WASHINGTON - Prices are rising. Shoppers are worried. Economists – not so much.
You may have noticed your wallet looking a little slimmer these days. Prices are on the rise, and it is hitting some pockets harder than others.
Wednesday morning, Iossif Gressis, who owns Lucianna’s Steakhouse in Waldorf, Charles County took to Facebook, live-streaming a walkthrough of himself moving through what Gressis said was a Food Depot. Prices have gone through the roof and I would say probably almost double the price on a lot of things, warned Gressis, who also said in the video the crab legs that were around $120-a-case some three weeks ago are around $225-a-case.