Grocery items that dropped in price the most in December
Lizardflms // Shutterstock
Grocery items that dropped in price the most in December
Person shopping at the grocery store with cart
Grocery prices at large are not going down. But there are some exceptions.
Record inflation has severely impacted fuel costs and pricing for virtually all of our everyday necessities, including weekly groceries. Many factors have contributed to the surge in pricing, including producers’ increased cost to package goods and extreme weather conditions that destroyed crops. Grocery prices are up about 11.8% between December 2021 and 2022. The increase from November to December is more moderate, at just 0.2%.
While costs remain high overall, prices for some food items came down last month. Stacker used monthly Bureau of Labor Statistics data to find the 10 grocery items that experienced the largest price decreases in December, using year-over-year changes as a tiebreaker where needed. Stacker excluded some hyper-specific meat categories in order to better understand grocery price fluctuations more broadly.
You may also like: Cost of gold the year you were born
Canva
#10. All-purpose white flour (per lb.)
A wooden scoop in white flour.
– One-month decrease in cost: -0.4%
– Annual change in cost: +34.5%
– December 2022 cost: $0.52
Sheila Fitzgerald // Shutterstock
#9. Ground beef (per lb.)
A grocery shelf filled with various ground beef packages.
– One-month decrease in cost: -0.4%
– Annual change in cost: +0.2%
– December 2022 cost: $5.19
You may also like: The cost of gasoline the year you started driving
Canva
#8. Bananas (per lb.)
Bananas in a pile.
– One-month decrease in cost: -0.5%
– Annual change in cost: +1%
– December 2022 cost: $0.63
Africa Studio // Shutterstock
#7. Whole chicken (per lb.)
A whole cooked chicken with lemon slices.
– One-month decrease in cost: -0.7%
– Annual change in cost: +13.9%
– December 2022 cost: $1.83
Canva
#6. Beef steaks (per lb.)
An array of steak meat in a display case at a supermarket
– One-month decrease in cost: -0.8%
– Annual change in cost: -4.8%
– December 2022 cost: $9.46
Canva
#5. Lemons (per lb.)
A display of lemons at a grocery store
– One-month decrease in cost: -1.7%
– Annual change in cost: +3.5%
– December 2022 cost: $2.09
MM Stock // Shutterstock
#4. Ice cream, prepackaged in bulk (per 1/2 gal.)
The ice cream aisle at the grocery store.
– One-month decrease in cost: -2.8%
– Annual change in cost: +16.7%
– December 2022 cost: $5.56
You may also like: States with the most farmland
The Toidi // Shutterstock
#3. American processed cheese (per lb.)
The cheese section of the grocery store.
– One-month decrease in cost: -3.7%
– Annual change in cost: +19.7%
– December 2022 cost: $4.66
Brent Hofacker // Shutterstock
#2. Ham (per lb.)
Ham on platter
– One-month decrease in cost: -5.4%
– Annual change in cost: +9.2%
– December 2022 cost: $4.05
Canva
#1. Navel oranges (per lb.)
Baskets of naval oranges.
– One-month decrease in cost: -9.5%
– Annual change in cost: +2.6%
– December 2022 cost: $1.49
