'It's not inflation anymore... it's price gouging': Walmart shopper reveals the cost of her groceries went up by 50% in TWO YEARS - after purchasing exact same items to compare prices

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A Walmart shopper who bought the same groceries roughly two years apart has claimed that her total bill was 50 percent more in early 2023 than it was in late 2020.

Amy, who is known as 'Amy Way to Save,' shares her tips for saving money on groceries and other household items on TikTok, where she has nearly 90,000 followers. 

She went viral this week when she detailed how she purchased the same grocery order in 2020, 2022, and 2023 and was shocked by the price increase.  

Amy, who is known as 'Amy Way to Save,' shares her tips for saving money on groceries and other household items on TikTok and YouTube (pictured)

She went viral this week when she detailed how she purchased the same grocery order in 2020, 2022, and 2023 and was shocked by the price increase

In late 2020, the savvy shopper spent $10.09 on a week's worth of food, including eggs, skim milk, beans and rice 

'Towards the end of 2020, I went to Walmart and purchased all of these things for $10.09, and I made a week's worth of meals for one person,' she explained at the start of the video. 

In her cart, she had dried pinto beans, a bag of mixed frozen vegetables, rice, two potatoes, a half-dozen eggs, flour tortillas, skim milk, a packet of chorizo, green onions, two bananas, and cornmeal mix. 

The ongoing conversation about the rising inflation rates inspired Amy to return to the grocery store and buy the same items in early 2022 to see how much the prices had changed in one year. 

Amy's bill was $11.13 last February, roughly 10 percent more than it was in late 2020. 

The rising inflation rates inspired Amy to return to the grocery store and buy the same items in early 2022. Her bill was $11.13 last February, roughly 10 percent more than it was in late 2020

According to her receipts, a half-dozen eggs went from $0.77 to $0.86, a half-gallon of skim milk increased from $1.26 to $1.68, and bananas jumped from $0.52 per pound to $0.61 per pound. 

'This week I went back again and purchased those same items. Now they cost $15.10, which is about 50 percent more than the prices at the end of 2020,' she said at the end of the video. 

The largest increase was the half-dozen of eggs, which went from $0.77 in 2020 to $2.18 in 2023. A half-gallon of skim milk cost $1.72 compared to a price of $1.26 two years ago, and the cornmeal mix was $1.13 more at $2.28. 

The only thing that decreased in price from late 2020 to early 2023, were the bananas, which cost $0.50 per pound this year compared to $0.61 per pound in 2022 and $0.52 per pound in 2020. 

'This week I went back again and purchased those same items. Now they cost $15.10, which is about 50 percent more than the prices at the end of 2020,' she said

The only thing that decreased in price from late 2020 to early 2023, were the bananas, which cost $0.50 per pound this year compared to $0.61 per pound in 2022

Amy's eye-opening TikTok video has been viewed more than 1.5 million times and received over 2,000 comments from frustrated consumers

Amy gave an in-depth price analysis of her shopping experiment in a clip that was posted on her 'Amy Way to Save' YouTube channel.

Inflation dipped in November, rising at an annual rate of 7.1 percent, but grocery prices remained elevated. Food at home prices jumped by 12 percent compared to the same month in 2021, according to the US Bureau of Labor Statistics.

The price of eggs shot up a whopping 49.1 percent. Canned fruit and vegetables had an 18.4 percent increase, while cereals and bakery products rose by 16.4 percent. Milk also saw a significant increase of 14.7 percent.

A report from Moody's Analytics showed that families spent an estimated $72 more on food per month on average in December than they did the year before. 

Amy gave an in-depth price analysis in a video that was posted on her 'Amy Way to Save' YouTube channel. The cornmeal mix went from $1.15 in 2020 to $2.28 in 2023 

The price of a half-gallon of skim milk soared from $1.26 in 2020 to $1.72 in 2023 

However, the largest increase was the half-dozen of eggs, which went from $0.77 in 2020 to $2.18 in 2023

Corporations have cited supply chain issues, rising wages, and increased fuel costs for the raise in prices. 

However, many companies are also experiencing record profits at a time of high inflation, leading to accusations of price gouging from squeezed Americans. 

Corporate profits in the non-financial sector reached a record high of $2.08 trillion in the third fiscal quarter, The Hill reported in late November. 

'There are other factors that contribute to inflation that have not received enough attention,' subcommittee Chairman Raja Krishnamoorthi (D-Ill.) said at a September hearing of the Economic and Consumer Policy Subcommittee of the House Oversight and Reform Committee.

Inflation in the final month of 2022 slowed to 6.5 percent - the slowest its growth has been since October of 2021

Food at home prices jumped by 12 percent in November 2022 compared to the same month in 2021, according to the US Bureau of Labor Statistics

'One of those factors is extreme price hikes — in other words, companies raising prices far more than required to offset higher costs even when accounting for shifts in supply and demand, resulting in the highest profit margins we have ever seen in the last 70 years.' 

Amy's eye-opening TikTok video has been viewed more than 1.5 million times and received over 2,000 comments from frustrated consumers. 

'It's not inflation anymore — it's price gouging,' one person wrote. 

'We need to start calling it what it is: price gouging,' someone else agreed.  

'I think it’s important to note that this isn’t just inflation,' another noted. 'This is corporations intentionally raising prices and posting record profits.'