The 'rockets and feathers' effect: Inflation eases but grocery bills do not
ABC NewsLiveVideoLocalShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? Feathers, because once prices rise, they’re slow to come down.That’s been frustrating for Americans hit with the sharpest increase in grocery prices in 50 years. While food price inflation peaked in 2022, when prices jumped 11.4%, prices have not reversed course.
- ▪ABC NewsLiveVideoLocalShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest?
- ▪Feathers, because once prices rise, they’re slow to come down.That’s been frustrating for Americans hit with the sharpest increase in grocery prices in 50 years.
- ▪While food price inflation peaked in 2022, when prices jumped 11.4%, prices have not reversed course.
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ABC NewsLiveVideoLocalShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onThe 'rockets and feathers' effect: Inflation eases but grocery bills do notEconomics has a term for what U.S. grocery prices have done in recent yearsByDEE-ANN DURBIN AP business writerJuly 25, 2026, 5:37 AM1:15Elizabeth Martínez pushes a shopping cart through a grocery store aisle on Thursday, July 2, 2026, in Cleveland, Texas. (Sandy Guatibonza/La Esquina TX via AP)The Associated PressEconomics has a term for what U.S. grocery prices have done in recent years: rockets and feathers.Rockets, because the cost of food eaten at home zoomed up in the aftermath of the pandemic.
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