More Americans are relying on credit cards to buy groceries, new study finds

Grocery prices are up 32% over five years, and the study says more than 1 in 4 working-age Americans are straining credit card debt just to cover food costs. The data points to sustained cost-of-living pressure, which can weigh on discretionary spending and consumer risk profiles.

Analysis

Grocery prices are up 32% over five years, and the study says more than 1 in 4 working-age Americans are straining credit card debt just to cover food costs. The data points to sustained cost-of-living pressure, which can weigh on discretionary spending and consumer risk profiles.