Inflation and supply chain issues are expected to continue into 2022. Unfortunately, this means both shoppers and businesses will witness higher prices over a longer period.
Interestingly, according to the latest data from FMI’s U.S. Grocery Shopper Trends, average household spending has held steady at about $144 per week, which is down from the $161 per week witnessed at the height of the pandemic last year.
KRLD's John Liddle talked with Leslie Sarasin, President and Chief Executive Officer of FMI, the food industry association, about the struggles of the industry right now and what consumers can do to limit the impact on their holiday budget this season.
Related
LISTEN on the Audacy App
Sign Up and Follow NewsRadio 1080 KRLD