July 17, 2024 — Seafood prices across U.S. grocery stores have been falling for most of 2024, but American consumers continue to buy fewer products in the category.
Seafood prices dropped 1 percent year over year in June 2024, and 0.7 percent from May 2024, according to the U.S. Bureau of Labor Statistics’ Consumer Price Index.
June 13, 2023 — Inflation continued to dampen U.S. retail demand in May 2023, even as fresh and frozen seafood prices dropped.
Inflation rose 4 percent in May year-over-year on an unadjusted basis, according to the U.S. Bureau of Labor Statistics. Overall food prices were up 6.7 percent during the period, with food away-from-home inflation up 8.3 percent and food-at-home inflation up 5.8 percent.
August 12, 2022 — Overall grocery inflation reached a record in July, but inflation for seafood products outpaced total grocery inflation, according to new data.
The inflation hitting seafood products is outpacing total grocery inflation, and is up 16.8 percent in July versus a year ago, data and tech firm Numerator told SeafoodSource. Frozen seafood grocery prices also soared 14.4 percent versus a year ago – but shrimp and prawns are below the average rate of inflation, rising 8.5 percent.