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Shopper is stunned by eyewatering price of Walmart grocery haul that cost just a fraction two years ago
By Noa Halff For Dailymail.Com,
2 days ago
A shopper has shared his shock at discovering his Walmart grocery haul now costs four times what it did in 2022.
The man - known as Sewerlidd on TikTok - was browsing through his Walmart account when he stumbled upon an option to reorder a previous grocery haul.
To his shock, the order of 45 essential items that cost $127 in 2022 now totals $414.
'I feel like I'm going to be sick. I just looked through my Walmart history and I found my order from two years ago for the whole month worth of groceries.'
'Forty-five items costs $126. Now, this order of forty-five items for one month would've cost $414. That is four times more.'
The post resonated with his viewers as many described their similar financial shock in recent years.
'I used to spend $180 for 2 weeks for my family of four and the dog. I am now spending upwards of $430 and trying to figure out what else I can cut. Sorry kids you don't get barbecue sauce,' one wrote.
Another said: 'And this is why I went from buying healthy food back to only buying sandwich materials.'
'I knew it was going to be bad. I didn't know it was gonna' be this bad,' a third user wrote.
The current rate of annual inflation rose to 3.3 percent in May, according to figures from the US Bureau of Labor Statistics.
It marked a decline from its peak of 9.1 percent in June 2022 but remains well above the Federal Reserve's 2 percent target.
Earlier this week, Yellen addressed concerns over inflation during an interview, where she denied experiencing personal 'sticker shock' at grocery stores despite persistently high food prices.
She attributed these surging prices to various factors, including increased labor costs and global commodity prices.
Yellen- who is worth about $20 million, according to Forbes - said she goes to the grocery store 'every week' and isn't shocked by the prices.
In an interview this week, Yahoo! Finance reporter Jennifer Schonberger asked: 'It's sticker shock isn't it? Just when you look at shipping costs, those have come down, global food commodity prices have also come down but food prices still remain high.'
Without even letting her finish the question, Yellen bluntly responded: 'No.'
'I think largely it reflects cost increases, including labor cost increases that grocery firms have experienced, although there may be some increases in margins,' she added.
She continued to say she expects inflation 'go back to the Fed's two percent target' by early next year.
The Biden administration announced new steps to increase access to affordable housing as still-high prices on groceries and high interest rates have dramatically pushed up the cost of living in the post-pandemic years.
This comes as Treasury Secretary Janet Yellen denied experiencing personal 'sticker shock' at grocery stores despite acknowledging persistently high food prices Inflation rose to 3.5 percent in March as prices were pushed up by the high cost of housing and gas The full cost of each product today is highlighted in red
Yellen promoted the new investments on Monday during a visit to Minneapolis.
The investments include providing $100 million through a new fund to support affordable housing financing over the next three years, boosting the Federal Financing Bank´s financing of affordable housing and other measures.
The issue of inflation and the economy consistently remains one of the top issues for voters ahead of the 2024 election.
A growing economy could inspire confidence in Biden's leadership ahead of the election, but the issue of persistent inflation could ruin that.
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