Grocery prices at large are not going down. But there are some exceptions.

Record inflation has severely impacted fuel costs and pricing for virtually all of our everyday necessities, including weekly groceries. Many factors have contributed to the surge in pricing, including producers’ increased cost to package goods and extreme weather conditions that destroyed crops. Grocery prices are up about 10.2% between February 2022 and 2023. The increase from January is more moderate, at just 0.3%.

While costs remain high overall, prices for some food items came down last month. Stacker used monthly Bureau of Labor Statistics data to find the grocery items that experienced the largest price decreases in the Northeastern region in February, using year-over-year changes as a tiebreaker where needed.

For this analysis, the Northeast includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. Stacker excluded some hyper-specific meat categories in order to better understand grocery price fluctuations more broadly.

You may also like: States with the largest unionized workforces

A full aisle of various chips at the grocery store.
Angie Yeoh // Shutterstock

#7. Potato chips (per 16 oz.)

– One-month decrease in cost: -0.3%
– Annual change in cost: +23.2%
– February 2023 cost: $5.65

An array of steak meat in a display case at a supermarket
Canva

#6. Beef steaks (per lb.)

– One-month decrease in cost: -0.3%
– Annual change in cost: +1%
– February 2023 cost: $9.78

You may also like: Marijuana violations are taking truck drivers off the road, adding more supply chain disruptions

Grocery shelves stocked with various cheeses.
Stefan Malloch // Shutterstock

#5. Cheddar cheese, natural (per lb.)

– One-month decrease in cost: -1.6%
– Annual change in cost: +7.2%
– February 2023 cost: $6.28

A grocery shelf filled with gallons of whole milk.
The Toidi // Shutterstock

#4. Whole milk (per gal.)

– One-month decrease in cost: -1.6%
– Annual change in cost: +3%
– February 2023 cost: $4.44

Person picking up potato in supermarket
Suriyawut Suriya // Shutterstock

#3. White potatoes (per lb.)

– One-month decrease in cost: -2.9%
– Annual change in cost: +12.4%
– February 2023 cost: $1.04

Bright red tomatoes with green tops.
Canva

#2. Tomatoes (per lb.)

– One-month decrease in cost: -5%
– Annual change in cost: +22.9%
– February 2023 cost: $2.30

Closeup of white eggs in a carton
Canva

#1. Eggs (per doz.)

– One-month decrease in cost: -9.4%
– Annual change in cost: +122.6%
– February 2023 cost: $4.78

This story was written by Stacker and has been re-published pursuant to a CC BY-NC 4.0 License.

This post was originally published on this site

More From What'sUpNewp

Loading...

Something went wrong. Please refresh the page and/or try again.