More than a quarter of Americans admit to skipping meals due to skyrocketing grocery costs: Report

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More than a quarter of Americans admit to skipping meals due to skyrocketing grocery costs: Report:

More than a quarter of Americans have resorted to skipping meals to avoid paying inflated grocery store prices, according to a new survey.

According to a study by Qualtrics on behalf of Intuit Credit Karma, 80% of Americans say they have felt a “notable increase” in grocery costs in recent years. More than a quarter of respondents said the increased cost has led them to occasionally skip meals, while about one-third said they spend more than 60% of their monthly income on mandatory expenses such as food, utilities and rent.

“Food insecurity is a major issue in this country as millions of Americans don’t have enough food to eat or don’t have access to healthy food,” Courtney Alev, a consumer financial advocate at Credit Karma, said in a statement.

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