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
(19,268 posts)progree
(13,068 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
(171,914 posts)progree
(13,068 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
(7,923 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.
BumRushDaShow
(171,914 posts)Values are aggregated monthly to produce index levels and month-over-month and year-over-year percent changes, providing a current view of inflation trends. The dataset uses verified household purchase data from the demand side, offering visibility into consumer behavior as prices evolve.
So they collect data from 4 "regions" -
Northeast
Midwest
South
West
and then will aggregate/average the costs over time. So if you already live in a higher cost area, that reported average includes the lowest cost areas too, and is not going to exactly reflect your area. HOWEVER, the link had plots of all regions on single graphs so you can see the differentials between regions.
GenThePerservering
(3,654 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!
BlueWavePsych
(3,435 posts)
LetMyPeopleVote
(181,720 posts)A White House official said two weeks ago, Inflation is going down. It was absurd then. Its worse now.
The White Houseâs Peter Navarro, two weeks ago: âInflation is going down.â
— Steve Benen (@stevebenen.com) 2026-05-12T12:49:58.155Z
Reality, this morning: Inflation just surged to a three-year high.
www.ms.now/rachel-maddo...
https://www.ms.now/rachel-maddow-show/maddowblog/u-s-inflation-surged-in-april-pushed-higher-by-the-effects-of-the-war-in-iran
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy.
The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the Bureau of Labor Statistics reported Tuesday.
The data, which was even worse than expected, showed consumer prices in the U.S. rising at the fastest rate since May 2023. As a related report in The New York Times noted, the price increases were driven largely by energy prices, which climbed as a result of the unnecessary war with Iran.
An NBC News report added, Aprils inflation rate is now rising faster than wages, which could exacerbate the affordability crisis that has already been gripping consumers.
The latest national CNN poll found that 77% of respondents including a majority of Republican voters agreed that Trumps policies have increased the cost of living. The same poll found that just 30% of Americans approve of the presidents handling of the economy, a career low for the Republican across both of his terms. That mirrored the results of the latest national Associated Press poll.
If White House officials, eager to peddle inane happy talk in defiance of Americans real lives, were counting on survey data to improve anytime soon, theyre likely to be disappointed.
FakeNoose
(42,284 posts)Now the threat of tariffs has mostly died off, but retail prices will never come down. Consumers will never be compensated for the higher prices we've had to pay, and will continue to pay thanks to Chump
republianmushroom
(22,640 posts)The war lasted to long to keep it suppressed any longer.