Posted on 03/22/22
| News Source: Pikesville Patch
From steak and eggs to gasoline and cars, Maryland consumers are paying significantly more for these items as inflation continues to take a bite out of your earnings.
Anyone who's been to a Maryland grocery store recently knows the pinch of a 7.9 percent jump in inflation, the sharpest consumer price index spike since 1982.
The price of food increased on pace with inflation, costing Americans 7.9 percent more last month than in February 2021, according to the Bureau of Labor Statistics' most recent report on consumer price index increases. The report is a cautionary tale, showing a steady increase in inflation since last fall.
Proteins like meat, fish, poultry and eggs are up 13 percent. Fruits, vegetables, cereals and bakery items are up almost 8 percent. Dairy and related products cost about 5 percent more.
But within those categories are steeper increases. Milk, for example, costs about 11 percent more. A beef roast costs about 19 percent more and a steak 17 percent more. Citrus fruits cost about 16 percent more. Roasted coffee is up 11 percent. Eggs increased 8 percent.