Grocery prices are soaring, but your favorite food is getting cheaper

Grocery prices are soaring, but your favorite food is getting cheaper

Over the last few years, avocados have earned a reputation for being a fancy fruit.

As food prices soar worldwide, experts have noticed a curious phenomenon – falling avocado prices.

The decline comes at a time when the overall cost of grocery items is up a staggering 13% when compared to 2021.

The surprising drop in the cost of avocados can be attributed to an overabundance of the fruit.

The US reportedly gets about 92% of its avocado supply from Mexico, Peru, Florida and California.

Cheaper avocados couldn’t have come at a better time for inflation-weary households that need a break from shopping bills.

Farmers in Mexico saw a better harvest than expected in 2022.

Much of the avocado oversupply has reportedly wound up in the US.

The glut is expected to last into 2023. Consumers can expect lower avocado prices into the middle of the next year.