Why price-squeezed consumers still shell out for organic
Since 2020, the cost of groceries has risen 26%. But contrary to what you might think, cash-strapped consumers aren’t necessarily staying away from pricier options. In this episode, why Americans are doubling down on organic — even as the cost of their overall grocery haul rises. Plus: Why more customers are choosing chargebacks, what economists predict about inflation two years from now, and how a Maine nonprofit is bringing lobstering to the next generation.
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Read the stories in today’s episode:
- The Fed doesn't have an inflation crystal ball, but it does have "sticky-price CPI"
- In spite of price hike fatigue, consumers are still snapping up organic foods
- Credit card chargebacks are on the rise — part of the reason is fraud
- Multiple wars drive up the price of diesel
- "Never would have expected to be here": Young Mainers consider the lobster
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