Food prices are still soaring — here’s what’s getting more expensive ::

Food costs spiked 11.4% over the past year, the largest annual increase since May 1979. The Federal Reserve has been raising interest rates in an effort to tame inflation. Food prices are affected by global events, such as the war in Ukraine, which affects the costs of wheat and other commodities. Lower-income households in particular are skipping items like juice, snacks and candy, according to a market research company. People are pulling back on certain items like frozen dinners and entrees in August compared to the year prior.

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