Ohioans Should Expect Higher Food Prices in 2023, According to the USDA

For a lot of Ohio residents, the meals finances is skinny. In 2023, that finances could must stretch even additional.

Meals costs nationwide — together with grocery and restaurant purchases — are predicted to leap 3.5-4.5% subsequent yr, in response to the U.S. Division of Agriculture’s newest Meals Value Outlook. Particularly, the outlook forecasts food-at-home costs to extend 3-4%, whereas food-away-from-home costs are anticipated to rise 4-5%.

Though these costs could sound exhausting to swallow, they are not as dangerous as these the USDA reported final yr. Meals-at-home costs elevated by 12% % from 2021-2022, whereas away-from-home costs elevated by 8.5%.

The explanation for this yr’s rising costs are in step with final yr’s, in response to the federal knowledge: provide chain points, Russia’s ongoing warfare with Ukraine and eating places making an attempt to recoup pandemic losses.

The underside line for Buckeye foodies is that we’re in for one more yr of choosing lunch specials and skipping the appetizers and boozy drinks.

Coming quickly: Cleveland Scene Every day e-newsletter. We’ll ship you a handful of fascinating Cleveland tales each morning. Subscribe now to not miss a factor.

Observe us: Google Information | NewsBreak | Instagram | Fb | Twitter