Sticker Shock: Food Costs Rise 6% in December

The video discusses the challenges faced by the industry due to inflation and supply chain issues. It highlights the efforts to manage costs despite rising input prices and labor shortages. The impact of the Omicron variant on supply chains and regional differences in shortages are examined. The video also explores the relationship between wage growth and inflation, emphasizing the need for a strong labor force to mitigate inflationary pressures.

How has the pandemic influenced the supply chain issues discussed?

What role does wage growth play in the current inflation scenario?

What are the expected outcomes if the labor force remains strong?