Grocery store prices spike most in 46 years

Prices at the grocery stores are on the rise.

They're increasing at the highest rate since the 1970s.

Ines De La Cuetara reports.

HIGHEST RATE SINCE THE 19-70'S.ABC'S INES DE LA CUETARAEXPLAINS WHY THIS MAY NOT BEGOING AWAY ANY TIME SOON.THIS MORNING...STICKER SHOCK AT THESUPERMARKET STEW LEONARD JR.// CEO, STEW LEONARD'SSUPERMARKETS SOT - LAST YEARMEMORIAL DAY OUR HAMBURGERPRICERS WERE 3.99 A POUND.IT'S GONNA BE 5.99 A POUND THISTHE BIGGEST ONE-MONTH BUMP INNEARLY 50 YEARS.PATRICK PENFIELD // PROFESSOR,SUPPLY CHAIN MANAGEMENT,SYRACUSE UNIVERSITY SOT -PEOPLE ARE STAYING HOME,THEY'RE NOT GOING OUT ANYMORE.AND SO THERE IS A BIG INCREASEIN REGARDS TO SALES IN GROCERYSTORES.(GFX) PRICES OF MEALTIMESTAPLES -- LIKE POULTRY --RISING BY MORE THAN 4%....GROUND BEEF UP ALMOST 7-INCREASES LIKELY WON'T ENDSOON.SOT - NO MATTE - "CONSUMERS CANEXPECT PRICE INCREASES.YOU'LL SEE ANYWHERE FROM 2-4%PROBABLY FOR THE REMAINDER OFTHE YEAR." IT COMES AMID NEWWOES FOR ONE OF THE NATION'SBIGGEST PORK SUPPLIERS...TYSON FOODS REVEALING THAT MORETHAN 200 EMPLOYEES HAVE TESTEDPOSITIVE FOR CORONAVIRUS AT ACOMPANY PLANT IN NEBRASKA...WHILE A FACILITY IN MAINE ISDEALING WITH A SECONDOUTBREAK...JUST ONE WEEK AFTER REOPENING.THOSE CLOSURES...JUST ONE PART OF THE STRESSTHE PANDEMIC IS PUTTING ON OURFOOD SUPPLY...THE FOOD INDUSTRY ASSOCIATIONALSO POINTS TO NEW SAFETYPROTOCOLS AND SUPPLY-CHAINISSUES CONTRIBUTING TO COSTINCREASES.ONCAM TAG: ADDING TO THE PRICEPROBLEM..STORES FACING HUGE DEMAND..ARE FOREGOING THOSE WEEKLYSALES AND SPECIALS.SO NO DISCOUNTS FORCUSTOMERS.INES DE LA CUETARA, ABC NEWS,WASHINGTONTIME NOW IS X:XX --AS MORE PEOPLE WORK FROMHOME...COMPANIES ARE STARTING TO SEE