Meat vs. inflation ๐ธ๐ฅฉ
Aug 23, 2022Meat continues to be one of the strongest departments in stores despite inflation, but seafood and meat alternatives remain severely down. This information is according to Anne-Marie Roerink, president of 210 Analytics LLC.
- Meat had below-average inflation compared to other foods and beverages, but inflation in processed meat stayed in the double digits.
Nevertheless, the sales of both were up in July.
- Poultry delivered big, but because prices have declined as opposed to beef and pork. On the ground meat side, ground pork was up.
- Plant-based meat alternatives fell behind year-ago levels.