Memphis families suffering from ‘shrinkflation’ over high gas and grocery prices, but don’t blame Biden – By Lisa Bennatan & Matt Leach (FOX Business) / Sept 16, 2022
People in deep blue pocket of Tennessee defend President Biden’s handling of the economy
People in Memphis, Tennessee, detailed their struggles with high gas and grocery prices as inflation remains painfully high.
“You are paying the same amount of money, but there’s less product,” said Ronald, a lifelong Memphis resident. “I think, what they call it — shrinkflation?”
Latest inflation numbers released Tuesday showed consumer prices up in August — gas, groceries and rents rising 8.3% in August from a year ago.
“I mean, the grocery prices is ridiculous,” said Willette Hart as she headed into her local supermarket.
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