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Food News


THIS SECTION IS FOR NEWS AND INTERESTING STORIES RELATED TO FOOD, NUTRITION AND FOOD PROCESSING. THEY ARE NOT NECESSARILY RELATED TO KOSHER BUT MAY BE OF INTEREST TO THE KOSHER CONSUMER, MANUFACTURER OR MASHGIACH.

Prices Spike at the Grocery Store

May 20, 20120 - from Food Processing:

"Grocery prices have experienced their highest month-to-month jump since 1974 due to the coronavirus pandemic, according to the latest Consumer Price Index from the U.S. Bureau of Labor Statistics."

"Grocery increases averaged out to 2.6% more for April than for March. The steepest increases were for meat, poultry, fish and eggs, which collectively saw a 4.3% increase in April over March. Individually, eggs had the biggest jump, at 16.1%, although prices have gone back down again, due in large part to relaxation of federal regulations that allowed eggs to shift more easily from foodservice to retail distribution."

"Other items facing high increases were apples, 4.9%; bread, 3.7%; and cookies, 5.1%."

"On the other hand, the overall Consumer Price Index was down 0.8%, thanks to sharp drops in energy, transportation and other costs."

The previous item can be cited with the URL: http://www.kashrut.com/News/?alert=W1031

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