Grocery Prices Hold Steady as Beef Costs Rise

Tight cattle supplies continue to put pressure on beef prices.

WASHINGTON, D.C. (RFD-TV News) — Grocery prices held steady in August, but consumers are still paying more for beef and dining out.

Federal data shows grocery prices were unchanged for the month but remained 2.2% higher than a year ago. Beef and veal prices climbed nearly 6% as tight cattle supplies continued to pressure prices, while egg prices fell 23%.

Restaurant prices rose 3.4%, while gas prices jumped nearly 4%, adding to transportation costs throughout the food supply chain.

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Knoxville native Neal Burnette-Irwin is a graduate from MTSU where he majored in Journalism and Entertainment Studies. He works as a digital content producer with RFD News and is represented by multiple talent agencies in Nashville and Chicago.


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