Grocery Store Prices ‘Much Higher Than Reflected In CPI’

08/25/22 01:14PM EDT

https://youtu.be/kUE-qKrbvUM

The U.S. economy isn’t out of the woods yet on inflation—in fact, it’s going to get even worse at the grocery store explains Hedgeye Consumables analyst Daniel Biolsi.

In this clip from The Macro Show, Biolsi explains that food at home prices are at levels “most people have not seen” and are increasing at a faster rate than prices at restaurants. Higher grocery store prices will likely last through at least the end of the year, before pulling back a bit he says.

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