Inflationary Levels in Fresh Produce Stabilize in May 2022

The height, the widespread nature and the continued acceleration of inflation dominated the headlines in May. Whether in the grocery store, at the pump or at the movies, consumers were paying more. “But the focus on inflation is not limited to the media headlines,” said Jonna Parker, Team Lead of the Fresh Foods practice at IRI. “According to the May edition of the IRI monthly survey of primary shoppers, consumers are extremely aware and many are applying lessons learned during the Great Recession to tighten spending.”

“Compared with the fall of 2021, inflation is higher, more people are making changes and the supply chain challenges from labels to packaging to transportation and labor continue to be significant,” said Joe Watson, VP, Retail, Foodservice & Wholesale for IFPA. “The consumer reactions combined with supply side volatility are creating an environment of continued change and uncertainty and IRI, 210 Analytics and IFPA are committed to bringing the latest trends and analysis relative to the produce department.”

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U.S. Produce Market Watch

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