The price of food has jumped by 25% since the start of the pandemic — even more if you factor in the cost of a quick trip to the store, which takes into consideration the price of fuel. Now, a new study says there are some major ramifications.
Intuit Credit Karma, which provides information about financial products, says that more than one-quarter of the people it surveyed said they have skipped meals or sacrificed other spending due to rising costs. The survey of 2,011 adults was conducted online in the United States during the week of May 7.
According to the survey, 28% said they are putting off paying for necessities, such as rent or other bills, to afford groceries — while 27% say they are occasionally skipping meals. Another 18% have applied for or have considered applying for food stamps and other types of assistance, and 15% rely on or have considered visiting food banks for their groceries.
Hellbound and Down 