85% of U.S. consumers suffer higher grocery prices From CRResearch

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Cost of consumption during novel coronavirus pneumonia

Grocery prices have soared since March and have not yet fallen to pre pandemic levels.

Shoppers see higher prices during the pandemic

Since the outbreak, 85% of US consumers have said they have been paying higher prices for groceries.

According to the Bureau of economic analysis (BEA), beef prices are up 10.3% from February this year, poultry prices are up 6.3% and eggs are up 5.9%.

Food is not the only thing that affects Americans’ wallets. 75% of Americans pay more for household goods.

Shopping budget for novel coronavirus pneumonia

With novel coronavirus pneumonia, 65% of Americans have been cutting food budgets. On average, consumers pay $139 a week for groceries. Eighty eight percent of Americans worry that grocery prices will continue to rise, not flat or fall.

Novel coronavirus pneumonia second wave?

Many consumers are worried novel coronavirus pneumonia will not erupt “second waves”?

87% of American consumers novel coronavirus pneumonia in the second wave will lead to shortages of groceries, and the same proportion (86%) worry that the second wave will lead to higher prices.

67% of consumers are hoarding necessities; the other one-third only have enough food for two weeks or less.

Shopping habits during novel coronavirus pneumonia

More than two-thirds of consumers (69%) said they had begun to use alternative in store shopping methods such as grocery delivery service or grocery pick-up since the outbreak began.

Although it is too early to predict the future accurately, it is clear that shopping habits and budgets have changed. Will these changes be permanent? About three quarters of consumers (77%) believe that grocery shopping will change in some form after the pandemic.

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