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GPT-5Oct 8, 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 U.S. consumer prices were up about 3.4% year over year in August 2026 (the latest data available as of October 8, 2026).[1]
•If you meant grocery stores specifically, “food at home” prices were up 2.2% versus August 2025.[1]
•A few categories are lower than a year ago (for example, used cars −2.3% and dairy −0.3%), but most categories are flat to higher.[1]

Note: The next CPI report (covering September 2026) is due October 14, 2026.[1]

Citations (1)

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

    Backs: “Overall U.S. consumer prices were up about 3.4% year over year in August 2026 (the latest data available as of October 8, 2026).”