Strawberries, lettuce, and other groceries that rose in price in November
Strawberries, lettuce, and other groceries that rose in price in November
After more than a year of historic inflation, grocery prices are staying relatively steady. Prices fell in March and April for the first time since September 2020 and have seen more moderate monthly inflation since then. In November, the cost of groceries rose 0.1% over October prices.
A drop in the spring was largely fueled by decreases in eggs—which had risen dramatically in price—as well as meats, fruits and vegetables, and dairy products.
The overall cost of groceries in November was up 1.7% from 2022, which is more consistent with the annual inflation rate that the Fed aimed for with its interest rate hikes.
Overall inflation has finally cooled following a period of historically high inflation in the past couple of years. A series of major social and economic events caused the spike, including the COVID-19 pandemic, Russia's invasion of Ukraine, labor disruptions, and heightened consumer demand.
Despite the lull, groceries in some categories continued to climb. Stacker used monthly data from the Bureau of Labor Statistics to find the grocery items that experienced the largest price increases over the last month, using year-over-year changes as a tiebreaker where needed. Stacker excluded some hyper-specific meat categories in order to better understand grocery price fluctuations more broadly.
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#11. American processed cheese (per lb.)
- One-month increase in cost: +0.2%
- Annual change in cost: -1.9%
- November 2023 cost: $4.75
#10. Bananas (per lb.)
- One-month increase in cost: +0.2%
- Annual change in cost: -0.6%
- November 2023 cost: $0.63
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#9. Lemons (per lb.)
- One-month increase in cost: +1.7%
- Annual change in cost: -2.9%
- November 2023 cost: $2.06
#8. Whole milk (per gal.)
- One-month increase in cost: +1.8%
- Annual change in cost: -5.2%
- November 2023 cost: $4.00
#7. Whole chicken (per lb.)
- One-month increase in cost: +2.6%
- Annual change in cost: +7.2%
- November 2023 cost: $1.98
#6. Eggs (per doz.)
- One-month increase in cost: +3.2%
- Annual change in cost: -40.4%
- November 2023 cost: $2.14
#5. Long-grain white rice (per lb.)
- One-month increase in cost: +3.3%
- Annual change in cost: +3%
- November 2023 cost: $0.99
#4. Romaine lettuce (per lb.)
- One-month increase in cost: +3.9%
- Annual change in cost: -19%
- November 2023 cost: $2.83
#3. Tomatoes (per lb.)
- One-month increase in cost: +4.1%
- Annual change in cost: -7.8%
- November 2023 cost: $1.94
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#2. Iceberg lettuce (per lb.)
- One-month increase in cost: +10.1%
- Annual change in cost: Not available
- November 2023 cost: $1.68
#1. Strawberries (per 12 oz.)
- One-month increase in cost: +13.3%
- Annual change in cost: -18.3%
- November 2023 cost: $2.97
Data reporting by Paxtyn Merten.