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The latest Agflation news: 8% increase in food prices

Posted By Barry Ritholtz On July 14, 2007 @ 6:41 am In Consumer Spending,Inflation,Psychology | Comments Disabled

According to the American Farm Bureau Federation, Retail Food Prices Up 4 Percent In Second Quarter.

On a year over year basis, the overall cost for their market basket of items showed an increase of ~8%.

Source:

Retail Food Prices Up 4 Percent In Second Quarter

American Farm Bureau Federation, July 12, 2007

http://www.fb.org/index.php?fuseaction=newsroom.newsfocus&year=2007&file=nr0712.html


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