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Saving Big at the Supermarket w/ Consumer Reports' Brian Vines #866
Aug 14, 2024
Brian Vines, an expert from Consumer Reports specializing in grocery pricing, shares valuable insights on saving money at the supermarket. He discusses the alarming 26% rise in grocery prices since 2019 and offers smart shopping tips, such as using rebate apps and exploring discount grocery chains like Aldi. The conversation also touches on the emotional ties consumers have with brands and the challenges of navigating pet care costs, including pet insurance and affordable dog food options. Get ready to rethink your grocery game!
54:55
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Quick takeaways
- Supermarket grocery prices have surged by 26% since 2019, intensifying financial strain on families across the nation.
- Utilizing store loyalty programs and rebate apps can effectively help consumers reduce their grocery expenses despite rising costs.
Deep dives
Rising Grocery Prices
Grocery prices have seen a significant increase, with an average rise of about 26% from 2019 to the present according to various statistical sources. This inflation touches many households as families grapple with feeding growing children and navigating rising costs at the grocery store. The emotional impact is palpable as consumers frequently confront increases in staple item prices, such as eggs, which have gone from $1.50 to $2.70 in some cases. This trend in rising prices leads to broader discussions on food inflation being a tangible experience for consumers, affecting their daily lives more so than fluctuations in costs for gasoline or rent.
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