DALLAS (CBSDFW.COM) – If it looks like you’re paying more for your groceries and gas these days, you’re probably right according to new data from the US Bureau of Labor Statistics.
With every grocery run, Sandra Potter buys the same items.
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“Usually when I get my food, it costs about $100,” she said. “In the last few weeks, it was about $160.”
“Single Kraft cheese cost about $5.00, $5.50 for one brand – single Kraft cheese – when it cost $3.00,” buyer Fatima Calderon said.
A new report from the Bureau of Labor Statistics shows that, in general, consumer prices continue to rise.
At DFW, almost 2% in the last two months and just over 6% in the last year.
Food prices increased 0.3% in the last two months and just over 3% last year.
“I don’t like it,” said Potter. “I don’t like gas prices going up either.”
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“Sometimes it’s troubling when it can get to $3.00 out of nowhere,” said Paul Zewge.
Gas prices have risen nearly 8% over the past two months and now oil is around $70 a barrel for the first time in three years.
If you’re looking to buy a new or used car, prices have gone up about 7% in the last two months and almost 20% in the last year.
“It’s been gradually increasing since we started buying COVID – everything is going up, whatever you’re buying,” said buyer Shameka Jackson.
Economists say that as demand for goods and services continues to rise, supply chains are struggling to keep up, which is causing prices to spike.
They predict that the situation driven by the pandemic will improve over time, but it will require some patience.
“We’ll just have to survive this,” said Potter.