Many Alaskans said they are paying more attention to sales, buying less meat and expensive produce, and stocking up on bulk items from Costco or Amazon. Others are sticking to generic brands or relying on food pantries more often.
July 22, 2022On a grocery run to Carrs in South Anchorage, Natasha Price examined her options for ketchup.
This kind of calculus is new for Price. But with record inflation driving up the price of basics — it’s her norm now. from a year ago. It’s one of the highest jumps in the nation. Respondents also said they are more cognizant of their driving habits amid rising gas prices, combining errands, cutting out road trips and biking more often.reported last week, the average cost of groceries in Anchorage and the Mat-Su is up more than 10% from a year ago. Energy prices are up more than 30%, largely driven by the spike in gasoline, which is up more than 60%.
After a brief period of deflation toward the start of the COVID-19 pandemic, inflation has taken hold of the nation’s economy. There are many reasons for this. Pandemic-related supply chain disruptions and labor shortages have forced up the price of goods. Demand for goods and energy is also bouncing back and driving up prices, said Fried.
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