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A publication of AAEA

A publication of AAEA
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How Do Consumers Perceive and Respond to Recent Food Price Inflation?

Sungeun Yoon, Lisa House, Lijun Angelia Chen, and Yan Heng

Background

The food-at-home sector experienced high inflation of 11.4% in 2022. Based on a monthly survey collected from primary grocery shoppers during 2018-2022 (N=35,847), results indicate heightened consumer awareness of rising food prices, leading to adjustments in shopping behavior.  

Authors:

Sungeun Yoon is an Assistant Research Scientist with the Food and Resource Economics Department at the University of Florida.

Lisa House is Professor and Department Chair of the Food and Resource Economics Department at the University of Florida.

Lijun Angelia Chen is Assistant Professor with the Food and Resource Economics Department at the University of Florida, Gainesville, FL.

Yan Heng is an Analyst with the Food and Resource Economics Department at the University of Florida.

Data Source:

 Florida Agricultural Market Research Center Survey and U.S. Bureau of Labor Statistics

How Do Consumers Perceive and Respond to Recent Food Price Inflation?