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Grocery Prices Rise Amid Surging Energy Costs and Inflation

4/12/2026

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Story summary
  • Food-at-home prices rose 1.9% year over year in March, per the Consumer Price Index.
  • Prices for perishable items such as beef and tomatoes surged.
  • Egg prices dropped nearly 45% year over year.
  • Grocery prices fell 0.2% from the prior month, while inflation rose to 3.3% as gasoline costs rose 21%.
  • Experts warn energy prices could raise future grocery costs as production and transportation expenses rise amid the Iran war.