Grocery CEO warns of rising food prices blames the Supply Chain ( Shrinkflation )
July 23, 2021
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9:00Now PlayingGrocery CEO warns of rising food prices blames the Supply Chain ( Shrinkflation )
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as posted by the channelGrocery CEO warns of rising food prices blames the Supply Chain. The latest June data already show price inflation at a 13-year high, with prices having risen 5.4 percent year-over-year. Proponents of the big-government policies driving much of this increase insist the uptick in prices is only temporary. But billionaire and grocery chain CEO John Catsimatidis just predicted that overall price inflation, for consumer goods generally, will hit a 6 percent annualized rate by October.
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