Twin Cities grocery prices drop in January, providing budget relief

Grocery prices in the Twin Cities fell 0.8% in January compared to a year ago, providing relief for household budgets
Prices dropped significantly for fruits, vegetables, dairy, cereals, baking goods, meats, and eggs
Twin Cities inflation was 2.6% in January - lower than the national rate of 3.1%
Price increases have moderated after hitting double-digits in 2022, but some categories like shelter and services rose
Economists say prices likely won't return to 2020 levels, but increases should slow as overall inflation cools