Wednesday, August 15, 2007

Save Your Pennies

McClatchy Washington Bureau | 08/14/2007 | Prices for key foods are rising sharply: "The Bureau of Labor Statistics said in its July inflation report that egg prices are 33.7 percent higher than they were in July 2006. Over the same period, according to the department's consumer price index, whole milk was up 21.1 percent; fresh chicken 8.4 percent; navel oranges 13.6 percent; apples 8.7 percent. Dried beans were up 11.5 percent, and white bread just missed double-digit growth, rising by 8.8 percent. These numbers get lost in the broader inflation rate for all goods and services, which measured 2.4 percent for the same 12-month period."

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