Higher Prices for Breakfast Items
Many popular breakfast staples, eggs, bacon, orange juice, milk and toasted oat cereal increased in retail price in the third quarter of the year, according to the American Farm Bureau Federation’s (AFBF) Quarterly Market Basket Survey.
Many popular breakfast staples, eggs, bacon, orange juice, milk and toasted oat cereal increased in retail price in the third quarter of the year, according to the American Farm Bureau Federation’s (AFBF) Quarterly Market Basket Survey. The survey showed the total cost of 16 food items that can be used to prepare one or more meals was $51.90, up $1.00 or approximately 2% compared to the second quarter of this year. Of the 16 items surveyed, nine increased and seven decreased in average price compared to the prior quarter. AFBF said, “For most of this year, food prices have been relatively stable. This is consistent with the very slow but steady growth in the general economy that has been seen throughout the year, along with fairly stable energy prices.”
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