Major Supermarket Chain Warns Inflation Is About to Impact More Americans
Inflation is running hotter than previously anticipated, and prices are slated to rise an additional 2 to 3 percent over the second half of 2021, Kroger CFO Gary Millerchip said during a call with reporters.
Kroger will be “passing along higher cost to the customer where it makes sense to do so,” he said on Sept. 10.
The comment comes as the price for beef, poultry, and pork have risen at grocery stores in recent months, leading White House officials to blame meat processing companies.
DAWG SAYS: THE WHITE HOUSE NEVER ADMITS THE RESULTS OF THEIR ACTIONS.