Report Grocery prices unnecessarily inflated during pandemic

Report Grocery prices unnecessarily inflated during pandemic / Public News Service

Americans got a bit of a reprieve last month, as food and auto prices dipped for the first time in 90 days. As Texas households continue to deal with high food costs, the latest report from the Federal Trade Commission showed some major retailers unnecessarily increased prices during the pandemic in 2020 and are still reaping the benefits of inflated prices. Angela Huffman, president of the nonprofit Farm Action, said although supply-chain problems have been largely fixed, Amazon, Kroger and Walmart continue to show high profit margins. ...

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