Shoppers Experiencing ‘Sticker Shock’ In Grocery Stores

June 19, 2012 12:00 AM
Shoppers Experiencing ‘Sticker Shock’ In Grocery Stores

" BOSTON (CBS) – For the average family, grocery bills are expected to rise as much as 3.5% in the coming year as the cost of food increases.

Suzanne Wheeler-Klein is mom to three hungry boys who typically spends $300 a week on groceries.

Recently she’s noticed that some of her family’s favorite foods are eating away at her budget like cookies, crackers, and cereal.

She’s not alone.

Ricky Volpe tracks the grocery prices for the US Department of Agriculture.

“The reason why consumers are experiencing sticker shock is mostly because food prices are already high. We know that they rose a lot in 2011 and we’re not expecting them to come down,” Volpe said.

He says meat and fish prices are up across the board, particularly beef and veal.

“The inventory of cattle and hogs in the US was reduced quite a bit and now we have strong and growing demand for these foods and that’s a recipe for high prices. And there’s no end in sight,”¬†explains Volpe.

But there is a silver lining: dairy, eggs, fresh fruits and vegetables are down in prices "

Click here to read the whole article

Google related News

Tuesday, June 19, 2012 by Rocklin and Roseville Today

New 2013 Mazda CX-5 both thrifty and sporty

While the CX-7 has also experienced lackluster sales, it is a respected model. ... evidenced by its rather low sticker price ($20695 to $27045) and high gas mileage ... However, that doesn't mean car shoppers will be disregarding the industry ...

Read more
Monday, June 18, 2012 by Patch.com

Westchester: Spot Check Finds Unlicensed Peekskill Contractor

Licensed contractors must display a department-issued bumper sticker with a ... A higher bid may be worth it if the contractor is the most experienced, uses better ...

Read more
Tuesday, June 19, 2012 by U-T San Diego

THE PRICE IS LIGHT AT GTM DISCOUNT STORES

With years of experience, How chooses carefully which lots to buy. ... Benedetto estimates that around 70 percent of shoppers use a coupon from its ad ... Each item has an old-fashioned price sticker, and cashiers punch in the numerical price ...

Read more