As 70's-Style Inflation Fears Mount, Goldman Tells Us Who's Got The Cheapest Groceries

U.S. consumers are being squeezed by a months-long wave of energy inflation at the pump and persistent, sticky food inflation at the supermarket.

Last week's CPI print showed inflation accelerating at its fastest pace in three years, while Corporate America warned on earnings calls that supply-chain constraints are once again feeding through to higher consumer prices.