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2026-05-28 00:50:30
[US Food Prices Soar, War and El Niño to Exacerbate the Situation] Americans are facing soaring gasoline prices at gas stations and another wave of inflation at grocery stores. A range of factors, including severe weather, tariffs, and declining cattle numbers, are already driving grocery prices up at an above-average rate. In April, grocery prices saw their biggest increase in nearly four years; economists say the war in Iran and the potential impact of El Niño will only exacerbate this pressure and continue into 2027.
