Truth Be Told fact check: Are grocery stores engaged in price gouging?

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Truth Be Told fact check: Are grocery stores engaged in price gouging?
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Vice President Kamala Harris has said she will ban price gouging at grocery store chains if elected to lead the country.'Many of the big food companies are seeing their highest profits in two decades,' Harris said during an August rally in Raleigh, N.C. 'And while many grocery chains pass along these savings, others still aren't.'Harris is right that grocery stores are seeing bigger profits since at least 2005, according to the White House Council of Economic Advisers.

'RELATED STORY | Despite easing inflation, 1 in 3 back-to-school shoppers will go into debt, survey findsThe FTC has an ongoing investigation into what role price gouging might be playing.But the Food Industry Association says profits are slimmer than you might think, at just 1.6%.Jason Miller, professor of supply chain management at Michigan State University, says he's seen no evidence of price gouging on a large scale.

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