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If inflation slowed down in 2023, why is my grocery bill so high?

Jan 10, 2024
2023 was officially a very good year for the US economy: unemployment stayed near record lows, the markets were strong, and inflation came under control. So with all this good news, why does looking at the grocery bill still feel a little like getting poked with a cattle prod? 
Ranchers watch as cow prices are bid up at a cattle auction in Caldwell, Idaho.
Stacey Vanek Smith