Food prices fall over month at two local grocery stores
http://www.theroyalgazette.com/siftology.royalgaze [2008-7-14]
Tag : frozen mixed vegetables
In fact at Supermart and MarketPlace the same basket of goods costless than it did in June, at Lindo's the cost of the basket rose byjust $3.30.
The information may come as a surprise to consumers asinternational headlines have bemoaned soaring food prices for thepast 30 days. Sky-rocketing oil prices, emerging middle classes inIndia and China and increased biofuel production have all beenblamed for customers having to dig deeper in their pockets to putfood on their tables. Food prices in the UK rose a record sevenpercent in June compared with June 2007, and the British RetailConsortium's shop price index said that annual food price inflationjumped from 4.7 percent in April, to six percent in May and sevenpercent in June. Fresh food prices rose 8.4 percent year on year inJune.
Meanwhile in the US the national average increase was 3.5 percentfor April 1 to June 30.
In June we visited Lindo's in Warwick, MarketPlace on Church Streetand Supermart on Front Street and recorded the prices of 20 itemsas part of a series looking into how international events areimpacting your wallet, and specifically your food bill.
The same basket of goods
In fact at Supermart and MarketPlace the same basket of goods costless than it did in June, at Lindo's the cost of the basket rose byjust $3.30.
The information may come as a surprise to consumers asinternational headlines have bemoaned soaring food prices for thepast 30 days. Sky-rocketing oil prices, emerging middle classes inIndia and China and increased biofuel production have all beenblamed for customers having to dig deeper in their pockets to putfood on their tables. Food prices in the UK rose a record sevenpercent in June compared with June 2007, and the British RetailConsortium's shop price index said that annual food price inflationjumped from 4.7 percent in April, to six percent in May and sevenpercent in June. Fresh food prices rose 8.4 percent year on year inJune.
Meanwhile in the US the national average increase was 3.5 percentfor April 1 to June 30.
In June we visited Lindo's in Warwick, MarketPlace on Church Streetand Supermart on Front Street and recorded the prices of 20 itemsas part of a series looking into how international events areimpacting your wallet, and specifically your food bill.
The same basket of goods
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