Friday, April 18, 2008

Eggs cost 25 percent more in February than they did a year ago

US: Bob Schulz (founder of We the People) promises hunger strike if government does not respond to petition for redress of citizen grievances. Houson Chronicle 2008 Apr 15

Maybe I'll join him and try to accomplish something while I starve.
clipped from

Food Costs Rising Fastest in 17 Years
Monday April 14, 4:10 pm ET

By Ellen Simon, AP Business Writer

Food Costs Rising at Fast Clip, Squeezing Poor, Forcing Food Vendors to Explain Higher Prices

his Key lime pies went from $20 to $25
The U.S. is wrestling with the worst food inflation in 17 years, and analysts expect new data due on Wednesday to show it's getting worse.

U.S. food prices rose 4 percent in 2007, compared with an average 2.5 percent annual rise for the last 15 years, according to the U.S. Department of Agriculture. And the agency says 2008 could be worse, with a rise of as much as 4.5 percent.

Analysts are forecasting that Wednesday's Department of Labor report will show the Consumer Price Index rose at a 4 percent annual rate in the first three months of the year, up from last year's overall rise of 2.8 percent.

For some, that means adding an extra cup of water to their soup, watering down their milk, or giving their children soda because it's cheaper than milk
 blog it

No comments: