Posted 12/26/2023, 2:00:01 PM
Maryland Sees One of Nation's Highest Grocery Price Spikes at 7% Due to Inflation, Ukraine War Impact
- Grocery prices in Maryland spiked 7% in the past year, among the highest increases nationally
- Only Pennsylvania and Vermont saw larger grocery price increases than Maryland
- Northeast and Mid-Atlantic states overall saw the biggest jumps in food costs
- Factors affecting prices include supply/demand and overhead like labor, utilities, taxes
- War in Ukraine has reduced wheat shipments, raising prices of breads, cereals, etc.