From Information Clearing House:
Prices for 16 basic food items shoot up in third quarter:
Retail prices for flour, potatoes, cheddar cheese and apples showed the largest increases in the quarter. A 5-pound bag of flour cost $2.62, up 37% from a year earlier, while 5 pounds of potatoes rose 32% to $3.38. Prices for cheddar cheese and apples surged 21%.
http://www.latimes.com/business/la-fi-food3-2008oct03,0,5925638.story
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2 comments:
Damn. I suspected this would happen -- I mean price increases. Meanwhile people's real incomes are going down. Ulp!
Worst part, Ralph, is I dearly love cheddar cheese! Seriously you're right. It's garden growing time in the backyard. I hope people remember how their folks did that.
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