Wisconsin Grocery Prices Rise for 4th Straight Quarter
Retail food prices grew just over two percent during the third quarter of 2011 according to the Wisconsin Farm Bureau’s Marketbasket Survey. The information survey shows the total cost of 16 food items that can be used to prepare one or more meals was $50.55. It marked an increase of $1.06 (2.1 percent) from the $49.49 Marketbasket price in June, and $5.26 (11.6 percent) from one year ago.
Of the 16 food items surveyed by Farm Bureau members, 10 increased in price compared to the second quarter of 2011. Eggs increased 26 cents (20 percent) to $1.53 per dozen. Red Delicious apples increased 23 cents (16 percent) to $1.63. per pound. Bagged salad and shredded mild cheese were the other items that saw the largest percentage increases in price over the past three months.
Most items showing an increase in retail price from quarter-to-quarter also showed year-to-year increases. Compared to one year ago, bagged lettuce increased 32 percent, Russet potatoes increased 28 percent, whole milk and shredded mild cheddar cheese were both up nearly 22 percent, apples increased 19 percent, flour was up 18 percent and eggs increased 16 percent. The total average price for the 16 items was up 11.6 percent compared to one year ago.
Source: Wisconsin Farm Bureau
Whoa, a bad news for us consumers. I think we can save if we buy in bulk. Look for store that offers large discount for bulk buying.
ReplyDelete