Major Supermarket Chain Warns Inflation Is About to Impact More Americans

An executive of Kroger, one of the largest supermarket chains in the United States, warned grocery prices are about to become even higher this year as inflation sets in.

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.

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