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You can find the current article at its original source at https://www.nytimes.com/2023/04/28/business/food-inflation-prices.html
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| Higher Food Prices Bring Bigger Profits, but Consumers Start to Resist | Higher Food Prices Bring Bigger Profits, but Consumers Start to Resist |
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| Brenetta Smith used to buy brand-name foods like Oreos and Doritos without thinking twice. But when she noticed that food prices at her local supermarket, Aldi, were soaring, she realized she had to do something different: “I have to change the way I shop,” she said. | Brenetta Smith used to buy brand-name foods like Oreos and Doritos without thinking twice. But when she noticed that food prices at her local supermarket, Aldi, were soaring, she realized she had to do something different: “I have to change the way I shop,” she said. |
| So Ms. Smith, 40, a stay-at-home parent in Memphis, started stocking up on dry goods like rice and flour, freezing meat that she bought on sale and avoiding packaged foods, which meant no more Oreos and Doritos. “We’ve cut out all of the snacks,” she said. | So Ms. Smith, 40, a stay-at-home parent in Memphis, started stocking up on dry goods like rice and flour, freezing meat that she bought on sale and avoiding packaged foods, which meant no more Oreos and Doritos. “We’ve cut out all of the snacks,” she said. |
| Now that she has developed new habits and found that her approach helps stretch her husband’s salary as a cable technician, she doesn’t plan to go back to her old ways. | Now that she has developed new habits and found that her approach helps stretch her husband’s salary as a cable technician, she doesn’t plan to go back to her old ways. |
| “Even when the world returns to normal, you can still maximize your paycheck and your income,” Ms. Smith said. She started posting budget tips on TikTok in December, and she quickly amassed a following. | “Even when the world returns to normal, you can still maximize your paycheck and your income,” Ms. Smith said. She started posting budget tips on TikTok in December, and she quickly amassed a following. |
| Americans have faced substantial inflation at grocery stores and restaurants. Over the past year, overall food prices were up 8.5 percent as consumers paid more for staples like eggs, fruit and meat. | |
| And corporations that wrested back pricing power during the pandemic may be reluctant to give it up. In earnings reports over the past week, some of the biggest packaged food companies said they raised their prices last quarter and saw their profits go up. |