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Food prices rising

by Terri Gruca

Bio | Email | Follow: @TerriG_KVUE


Posted on July 24, 2011 at 11:00 PM

Updated Sunday, Jul 24 at 9:25 PM

Many of us in the KVUE newsroom have started to notice an increase in prices for the groceries we buy. So I looked up the latest information gathered by the Bureau of Labor Statistics and sure enough prices surged almost 5% year to year on items like corn, rice, sugar and oats.

However prices for fruits and vegetables and for meats, poultry, fish, and eggs declined.

Many analysts predict it’s only going to get worse. Many restaurants are already talking about increasing prices on their food. And manufacturers of Coca Cola and Pepsi have already announced price increases.

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