Deep Dive: Supply chain issues and inflation. How much more are you paying at the supermarket?

How much are the supply chain issues and inflation impacts hitting your wallet?

News 12 Staff

Nov 5, 2021, 9:53 AM

Updated 990 days ago

Share:

How much are the supply chain issues and inflation impacts hitting your wallet? In this week's Deep Dive, News 12's Kristie Reeter and Investopedia’s Caleb Silver break down certain staples everyone buys to see if you are paying more.
News 12 asked Twitter: Have you seen a big increase in your grocery bill over the past year? Out of 1,500 votes, 88% said yes. We asked Silver what price change he is seeing in New Jersey.
"Pretty much across the boards,” says Silver. “But let's get into it by category. Fruits and vegetables up 2.3%, September to September. Dairy products up almost 1%, meat, poultry, fish and eggs up 9%, Kristie, and cereal and bakery products up 5.1%. So, every big category is seeing price increases."
Are we seeing a bump in price with inflation on those?
“Absolutely, I told you about meat prices up 9.1%, but pork prices alone up 10%,” says Silver. “We are feeling it across every item that contains pork, but especially in that Taylor Ham that New Jersey is so famous for. Those prices are up and will probably remain high throughout the year."


More from News 12
3:06
Prosecutor: Driver killed in tractor-trailer explosion on Route 3 in Clifton

Prosecutor: Driver killed in tractor-trailer explosion on Route 3 in Clifton

2:03
Mix of sun and clouds in New Jersey before pop-up showers, storms this evening

Mix of sun and clouds in New Jersey before pop-up showers, storms this evening

2:32
Multiple alarm fire damages Bayonne home; 1 firefighter hospitalized

Multiple alarm fire damages Bayonne home; 1 firefighter hospitalized

1:44
‘Too old.’ ‘A surprise.’ ‘It’s mature.’ New Jersey residents react to Biden’s decision to step down

‘Too old.’ ‘A surprise.’ ‘It’s mature.’ New Jersey residents react to Biden’s decision to step down

0:43
Officials: 1 woman hospitalized with burns; 2 displaced in Elizabeth fire

Officials: 1 woman hospitalized with burns; 2 displaced in Elizabeth fire

2:34
What are the next steps for democrats as Biden drops out of 2024 presidential race?

What are the next steps for democrats as Biden drops out of 2024 presidential race?

1:44
NJ Transit commuters experience another round of delays due to Amtrak overhead wire issue

NJ Transit commuters experience another round of delays due to Amtrak overhead wire issue

What happens to Biden's campaign funds?

What happens to Biden's campaign funds?

2:18
Do you know how accurate your credit report is? Kane in Your Corner shows you how to spot, fix mistakes

Do you know how accurate your credit report is? Kane in Your Corner shows you how to spot, fix mistakes

0:19
Parking garage fire causes Stop & Shop in Union to close

Parking garage fire causes Stop & Shop in Union to close

0:39
Olympics spotlight: New Jersey athletes competing at the Paris Olympic Games

Olympics spotlight: New Jersey athletes competing at the Paris Olympic Games

1:51
Made in New Jersey: The Healing Bras provides relief during painful moments

Made in New Jersey: The Healing Bras provides relief during painful moments

Secret Service director, grilled by lawmakers on the Trump assassination attempt, says: 'We failed'

Secret Service director, grilled by lawmakers on the Trump assassination attempt, says: 'We failed'

1:00
NJ Democratic lawmakers thank President Biden for his service in wake decision to step down

NJ Democratic lawmakers thank President Biden for his service in wake decision to step down

4:22
How VP Kamala Harris could get presidential nomination after the end of Biden's reelection bid

How VP Kamala Harris could get presidential nomination after the end of Biden's reelection bid

1:33
President Biden announces end of 2024 bid for presidency; endorses VP Kamala Harris for pick

President Biden announces end of 2024 bid for presidency; endorses VP Kamala Harris for pick

2:08
National and local lawmakers stunned by Biden's decision not to seek reelection

National and local lawmakers stunned by Biden's decision not to seek reelection

0:56
Belleville church hosts blood drive to combat shortage over summer

Belleville church hosts blood drive to combat shortage over summer

1:01
Edison High School assistant principal accused of making threats to Muslim students

Edison High School assistant principal accused of making threats to Muslim students

0:17
Police: Stratford man killed in motorcycle crash near Tinton Falls

Police: Stratford man killed in motorcycle crash near Tinton Falls