Beef and hot dogs had the highest year-over-year price increases, while the prices for turkey, lamb, bacon and processed chicken fell.

Pork, beef and bacon experience price increases in August 2024.

The average price per pound in the meat department across all cuts and kinds stood at $4.71 in July 2024.

Prices in the fresh perimeter were up 1.2% in June versus year ago, while center-store grocery prices increased 1.9%.

Year-to-date meat department sales reached $42.6 billion, which reflects an increase of 3.7%. 

Prices in the fresh perimeter were up 0.7% in April versus year ago, while center-store grocery prices increased 3.4%.

The average price per pound in the meat department across all cuts and kinds, both fixed and random weight, stood at $4.53 in March, up 0.5% year-on-year.

February 2024 restaurant engagement was down from January2024.

 Despite price increases slowing down, 93% of consumers in the January Circana shopper survey remained concerned over grocery prices.

Inflation continued to take the headlines in most of 2023, with consumers’ concern driven by the cumulative impact of several years of rising prices in many areas of life.