Rocky Mountain Voice

Rising price to eat out is ‘benefiting our business’, Walmart CEO says

By Jena Warburton | The Street

If it feels like every time you visit the grocery store you part with a little bit more of your emotional well-being each time, you’re probably not alone. 

Plenty of goods and staples – food included – are more expensive than they were one year ago, or even one month ago. 

The Consumer Price Index shows that, in April, prices increased by 0.3% from March. The CPI ticked up 3.4% on a 12-month basis, about in line with expectations but certainly showing no signs that inflation is coming down anytime soon. 

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