Inflation drives up prices for food at grocery stores, economics experts weigh in
May 10, 2022 - Desiree Montilla - NBC12Christopher Herrington, an economics professor with Virginia Commonwealth University, said there are several factors leading to these high costs, which include rising energy costs and high demand.
“Some of it is also rising costs from the producer side,” Herrington said. “They’re seeing higher costs on their side and passing some of that along to consumers. Some of it continues to be supply chain disruptions and just not being able to get all the raw ingredients.”