The phrase “bringing home the bacon” is even more appropriate this summer, as the price of the popular breakfast food, salad topping and BLT filling jumped 15.6 percent compared to last year.
Listen to your favorite News/Talk station now on Audacy
Today reported Thursday that prices for four other grocery staples are also skyrocketing this summer, based on data from from the U.S. Bureau of Labor and Statistics. Prices for whole milk are up 11.2 percent, egg prices are up 5.7 percent, ground coffee is up 1.9 percent and bananas are up 1.2 percent.
Jayson L. Lusk, and head of the Department of Agricultural Economics at Purdue University told The Today Show that Americans returning to their pre-lockdown dining habits contributes to driving up prices.
For more than a year, on-and-off COVID-19 dining bans throughout the country forced many Americans to use their kitchens more, or rack up