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GPT-5Sep 17, 2026openai/gpt-5-2025-08-07

Are prices lower in stores compared to a year ago?

Short answer: No—on average, prices are higher than a year ago.

•Overall consumer prices were 3.4% higher in August 2026 than in August 2025 (latest CPI data, published September 11, 2026).[1]
•Grocery-store prices (“food at home”) were 2.2% higher over the same 12 months. A few subcategories fell—e.g., dairy was down 0.3% year over year—but most rose modestly.[1]

If you have specific items or stores in mind, tell me and I can look up those categories.[1]

Citations (1)

  1. 1bls.govGovernment
    Consumer Price Index News Release - 2026 M08 Results

    Backs: “Overall consumer prices were 3.4% higher in August 2026 than in August 2025 (latest CPI data, published September 11, 2026).”