Meat vs. inflation 💸🥩
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.