Why Experts Say Inflation is Relatively Low but Voters Feel Differently

by Ailsa Chang and Mia Venkat
NPR

A lot goes into planning a personal budget – and the price of food and how it fluctuates with inflation can be a big part of that.

According to the U.S. Department of Agriculture, food prices rose by 25 percent from 2019 to 2023. And a report from Purdue University found that a majority of consumers expect food prices to keep rising in the coming year.

Are food prices as bad as consumers think?

All Things Considered host Ailsa Chang spoke with Joseph Balagtas, a professor of agricultural economics at Purdue University and the lead author of that report.

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