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How much does your bread cost?
This fact is from our weekly legislative update at Bread:
The cost of food at home went up sharply last month, rising 1.0% in June, compared to a 0.3% increase in May. The cost of food at home was 6.1% higher in June 2008 than in June 2007. Grocery prices have gone up as much in the last six months as they did in all of 2007.
Higher food prices are especially severe in some staple foods, with a variety of products seeing double-digit food inflation compared to a year before. Bread and butter items – literally – are experiencing the greatest inflation. Compared to a year ago, the price of bread was up 15.9 percent, butter 12.3%, cheese 14.7%, flour 21.1%, and eggs 23.2%. Rice was up a whopping 27.6%.
Have you noticed a rise in your grocery bills compared to last year? How are the higher prices having an impact on your community?
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