Friday, July 18, 2014
With inflation worries at recent highs, the number of Americans who are paying more for groceries also has risen to its highest level in over two years. There's an increasing lack of confidence, too, that the Federal Reserve Board can keep inflation under control.
A new Rasmussen Reports national telephone survey finds that 88% of American Adults say they are paying more for groceries this year than the year before. This finding is up six points from last month and the highest since May 2012. Only seven percent (7%) say they are not paying more than they were a year ago, the lowest finding since January 2012. Five percent (5%) are not sure. (To see survey question wording, click here.)
The survey of 1,000 American Adults was conducted on July 14-15, 2014 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.Rasmussen subscribers can log in to read the rest of this article.
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