Monday, May 19, 2008

Grocery Price Inflation Update...

From the always interesting Mish's Global Economic Trend Analysis:
This all started in the last 3 weeks. I have no doubt that others have experienced food shopping pain long before I have.

Bottom Line

Sales prices on a basket of food has soared in the last month, at least for me. I am still working out of the freezer but I suspect I will be stocking up at higher prices for the first time in years.
Go to the actual article and read the startling price increases he is tracking. Not good.