Food Banks Seeing Impact Of Inflation As Food Prices Rise

The video discusses the significant rise in food prices, expected to increase by 5% this year, marking the highest inflation rate since 2008. Restaurant prices are also rising, impacting consumers and small businesses. Organizations like Second Servings in Houston are struggling with increased costs while trying to provide free food. Community responses include smarter shopping and inflation fees in restaurants. The supply chain is affected by fuel price hikes, contributing to overall cost increases. Future grocery prices depend on fuel costs and global volatility.

What strategies are people using to cope with rising food costs?

What factors contribute to the increase in grocery prices according to economists?