Food prices rise but we’ll reveal the six items it’s time to cut out of your shopping cart.
If you’ve been meaning to cut out bacon for years perhaps the latest price jump will make you think twice. While the latest report on consumer prices has economists complaining about shoppers being forced to face a 4 percent rise in the cost of food since last July, the
government’s report also proves that we’re being charged a whopping 15.5 percent more for fatty pork strips, according to the Bureau of Labor Statistics. Also experiencing heavy price hikes are other saturated fat favorites including beef, lamb, eggs and butter (please see chart.) We’re all better off buying beans, because this high-protein, low-fat food will cost us less — 0.4 percent less, to be exact — than last year.
ground beef | UP 11.5 percent |
beef roasts | UP 12.1 percent |
bacon | UP 15.5 percent |
lamb & mutton | Up 22.7 percent |
eggs | UP 13.3 percent |
butter | UP 21.0 percent |
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