New Data Shows Grocery Prices Rise For Americans Since Iran War
Source: Newsweek
May 11, 2026 at 07:56 AM EDT
Prices for everyday household purchases rose 0.49 percent in April, the largest month-to-month increase since September 2025, according to Numerators latest Consumer Goods Price Index (CGPI), which is a measure of what U.S. households are actually buying.
The same data show that everyday goods are now up 2.4 percent from a year ago, signaling that the path back to price stability remains uneven, just as Americans continue to say the economy is one of their top concerns.
Iran Conflict Adds New Inflation Pressure
Numerators senior economist, Paul Stanley, warned that the rebound comes with a new geopolitical wild card: the conflict with Iran. "Following a brief pause in March, inflation for everyday consumer goods picked up again in April, signaling that underlying cost pressures remain persistent," Stanley said, adding, "Ongoing tensions with Iran introduce additional uncertainty, as sustained disruption to key supply chains could contribute to further upward pressure on prices." He also noted that "higher gas prices are already creating headwinds for household budgets, particularly among lower-income households."
Global Food Markets Signal More Pain Ahead
That warning lines up with whats happening upstream in global food markets. The United Nations Food and Agriculture Organizations (FAO) Food Price Indextracking globally traded commodities (large quantities of raw goods that are bought and sold worldwide)rose 1.6 percent in April, hitting its highest level in more than three years, as the Iran war disrupted supply chains and pushed energy-linked costs higher.
Read more: https://www.newsweek.com/new-data-shows-grocery-prices-rise-for-americans-since-iran-war-11935522
Link to Numerator REPORT - Numerator Consumer Goods Price Index (CGPI) Latest Findings: April 2026
twodogsbarking
(19,265 posts)progree
(13,064 posts)People do realize, I hope, that that's only a little above the Fed's 2.0% target. This is NOT a HOT HOT inflation report.
It does say at the bottom of the link https://www.numerator.com/inflation/
that it does NOT include gasoline. And that it is modelled somewhat after the PCE.
But the core PCE (which doesn't have energy nor food) went up 3.2% year-over-year in March, the latest,
and the regular "all items" PCE was up 3.5% year-over-year
and these are Krasnov's numbers, some people say (PCE numbers are produced by Commerce Department's BEA.gov)
CPI inflation report for April coming tomorrow (Tuesday)
and PPI for April (wholesale prices) coming out Wednesday.
BumRushDaShow
(171,878 posts)progree
(13,064 posts)if a lot of people switch from beef to chicken necks and other cheaper cuts of meat, then this results in less meat inflation than there actually is. But the Federal Reserve likes it (I think because it runs lower than the CPI, and so is an easier target to hit).
I noticed in the Numerator report that although month-to-month was hot in April (+0.49%), it was just 0.0% in March.
(I do like that they have a lot of graphs)
The "all items" PCE (which includes gasoline, other energy, and food) was 0.66% in March (using the actual index numbers to calculate for an extra digit). That annualizes to 8.3%
And the core PCE (no gasoline, no energy, no food) was up 0.29% in March (which annualizes to 3.6%).
slightlv
(7,922 posts)I just went to the grocery store today because I was totally out of everything... SSA check didn't last far enough to the end of the monthly period. I bought 2 1lb +/- pkgs of hamburger. One was 9.89 and the other was 11.29. We didn't get anywhere near what we needed to replaced what we'd run out of... but hit the paper goods and got enough for about 3-4 days of meals for the four of us in the household. Cats and dog are covered for a good week or more. Did remember to buy eggs this time, ran completely out of those. They were at 3.00 a dozen, or thereabouts. The whole total was $230.00... at WalMart. And I HATE Walmart! But I have to say, the produce looks a lot fresher, firmer, and better than what the two grocery stores in town offer.
I'm so waiting for the Farmer's Market to open up again... really fresh produce. Yippee.
GenThePerservering
(3,650 posts)My grocery bills have jumped probably 20%. Some things hold the line, but others have soared.
Yeah, looking forward to the farmer's market, too!