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Grocery prices are rising more slowly, but food insecurity is surging

As grocery prices continue to climb, more people said they were eating less, skipping meals or cutting down in other areas to manage food costs.

Prices for food at home rose 7.1% in April compared to last year, according to the latest government data released Wednesday. The year-over-year price increase was down from 8.3% in March and 10.1% in February, and price hikes were down to levels not seen since the start of 2022.

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