Friday, 19 April 2024

Shortages at US grocery stores increasing: state media

The shortages impact produce, meat, and packaged goods such as cereal, the report said, adding that the shortages are widespread and are being reported nationwide, Xinhua news agency reported. US groceries typically have 5 to 10 per cent of their items out of stock at any given time and currently the unavailability rate is hovering around 15 per cent, the Consumer Brands Association President and CEO, Geoff Freeman was quoted as saying.

IANS

Washington, D.C. | Friday, 14 January 2022 | 10:54 AM 10:54 AM

Food-Inflation-shortage — *Shortages at US grocery stores increasing| Photo credit: shutterstock*

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The fast-spreading Omicron variant and severe weather have led to increasing shortages at US grocery stores in recent weeks, state media has reported.

The shortages impact produce, meat, and packaged goods such as cereal, the report said, adding that the shortages are widespread and are being reported nationwide, Xinhua news agency reported.

US groceries typically have 5 to 10 per cent of their items out of stock at any given time and currently the unavailability rate is hovering around 15 per cent, the Consumer Brands Association President and CEO, Geoff Freeman was quoted as saying.

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