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Rising oil prices could increase food costs—but hoarding groceries ‘makes a bad situation worse,’ economist says

Rising oil prices can take months to filter into grocery bills, and the impact is often smaller than consumers expect.

1 report1 sourceMar 27, 2026, 1:31 PM
FilterCNBC
Clustered coverageCNBC
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CNBCMar 27, 2026, 1:31 PM

Rising oil prices could increase food costs—but hoarding groceries ‘makes a bad situation worse,’ economist says

Rising oil prices can take months to filter into grocery bills, and the impact is often smaller than consumers expect.

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