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Axios Vibes: Grocery price pain rises, in warning sign for Trump and GOP

Axios Vibes: Grocery price pain rises, in warning sign for Trump and GOP

Summary

A survey shows many Americans feel it's becoming harder to afford groceries than it was a year ago. This is seen as a challenge for President Trump and the Republican party as they approach the midterm elections. Many people think the president has a big effect on the economy, but fewer believe the current administration has improved it.

Key Facts

  • A survey found nearly half of Americans find it harder to afford groceries compared to last year.
  • Only 1 in 5 people in the survey say it's easier to afford groceries now.
  • 8 out of 10 Americans believe the president has a significant influence over the economy.
  • 47% of those surveyed believe the Trump administration had a positive impact on the economy this year.
  • Food prices, such as those for ground beef, eggs, and coffee, have increased significantly over the past year.
  • Over the last five years, grocery prices have gone up by more than 30%.
  • The survey reports that tariffs are seen negatively by many, with less than one-third believing they are beneficial.
  • 65% of those surveyed feel financially squeezed each month.

Source Information