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Grocery Prices Surge: Coffee Up 21.7%, Beef Hits Record

9/19/2025

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Summary

Story summary

Grocery prices in Santa Monica increased by 2.7% year-over-year, with a 0.5% rise from July to August 2025, the fastest change since 2022.
Analyst Phil Lempert cites tariffs, climate change, and labor shortages as factors for rising prices.
Coffee prices jumped 21.7% due to 50% tariffs on Brazilian imports.
Ground beef hit a record high of over $6.60 per pound, up 30 cents from the previous month.
Inflation reached 2.9% in August, influenced by food and housing costs, prompting a federal lawmaker to propose the "No Tariffs on Groceries Act."

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Story summary

Grocery prices in Santa Monica increased by 2.7% year-over-year, with a 0.5% rise from July to August 2025, the fastest change since 2022.
Analyst Phil Lempert cites tariffs, climate change, and labor shortages as factors for rising prices.
Coffee prices jumped 21.7% due to 50% tariffs on Brazilian imports.
Ground beef hit a record high of over $6.60 per pound, up 30 cents from the previous month.
Inflation reached 2.9% in August, influenced by food and housing costs, prompting a federal lawmaker to propose the "No Tariffs on Groceries Act."