Why groceries are still so expensive

Today, Explained

Vox

Daily News, Politics, News

4.4 • 9.5K Ratings

🗓️ 4 March 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

When it’s time to Stop & Shop, the American Publix is finding it costs more than ever to fill a Market Basket. Whizy Kim and Elizabeth Pancotti help Target the problem and explain whether a Price Chopper is coming to save us. This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Patrick Boyd, and hosted by Noel King. Transcript at vox.com/todayexplained Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Groceries are expensive right now. They're much more expensive than they were pre- Pandemic.
0:06.0	Kellogg CEO Gary Pillnick was roundly mocked last week for suggesting that everyone just
0:11.0	eat cereal for dinner.
0:12.0	Serial for dinner is probably more on trend now
0:16.0	and we would expect to continue as that consumer is under pressure.
0:19.5	Serial prices are up 28% since 2019 Gary.
0:22.7	Come on, man.
0:26.2	Meanwhile, a big grocery chain in Europe
0:28.1	is refusing to sell Pepsi co products accusing the brand
0:31.0	of gouging its customers.
0:33.0	That's unlikely to happen in the USA.
0:34.8	But the 2024 election is barreling towards us.
0:37.8	High grocery prices have become political,
0:40.2	and President Biden is on the offensive.
0:42.2	Coming up on today, explain, ready, set, go,
0:45.8	it's supermarket week.
0:48.9	I might not have money for food,
0:50.7	or to hang out with my friends,
0:52.4	but I always have money for candles.
0:55.0	I always have money for candles.
1:00.0	Support for this episode comes from Viator.
1:02.0	Experiences are what people love the most. Support for this episode comes from Viatore.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Vox, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Vox and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.