Grocery Bills Soar 21% in 3 Years as Eggs, Milk and Cereal See Steep Price Hikes Amid Persistent Inflation

• Spending $100 on groceries in 2019 buys less today - now requires $137 for the same items due to high inflation

• Prices spiked significantly on everyday items like eggs, milk, cereal - over $1 increases since 2019

• Inflation hit 40-year high of 9.1% in 2022, remains stubbornly high at 3.2% in February

• Grocery prices up 21% in the last 3 years compared to pre-pandemic

• Fed committed to cutting interest rates this year to bring down inflation closer to 2% target