Despite an inflation cool down, grocery store prices aren’t expected to follow suit
While food inflation has cooled quite a bit, analysts are not expecting grocery store prices to make any major moves.
The Food Industry Association says it is because cost pressures are still there. The latest Food Price Outlook for next year shows prices could fall more than 5 percent or go up nearly 8 percent.
Grocery demand is high, which would add to the price. Despite an overall flatline in grocery prices right now, analysts say there could be some relief on the horizon for items like pork, eggs, and beef.