The cost of groceries soared following Russia's invasion of Ukraine, which pushed up energy prices. Own-brand products, which make up most of the goods on Aldi and Lidl shelves, now make up more than half of everything shoppers buy, by value.
S&P 500 Index futures are down 0.5% as of 7:39 a.m. in New York, set to notch a monthly loss.
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