USDA officials are predicting food prices to go up by a total of 5% in 2022 – the highest single-year surge since 2008.
The agency bumped up its annual projection after seeing price jumps “across many of the food categories” over the last two months.
They project fruits and vegetables to go up 4%, dairy products to increase by 4.5%, and poultry costs to rise by 6.5%.
