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Wholesale food prices are "on pace to post their strongest annual increase in more than three...

Wholesale food prices are "on pace to post their strongest annual increase in more than three decades,” National Restaurant Association's Bruce Grindy writes. Food costs are already up 7.8% this year, and if the trend holds, they will have soared 26% in five years. So far, grocers have been passing along more of those increases to customers than restaurants.
Comments (2)
  • Hubert Biagi
    , contributor
    Comments (689) | Send Message
     
    The biggest jump in food prices occurs at McDonald's. The revenue growth for junk food during a "recession" is very telling. Dinner for four at McD's is around $30. So how does this compare to buying fresh food at the supermarket and actually cooking it, lol?
    20 Oct 2011, 01:44 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9923) | Send Message
     
    Thanks Banana Ben. You have successfully advanced the cause of destroying the American middle class even more, and put in motion the wheels of underlying inflation in US consumables. Lucky for you that you are not elected, least you get booted out of office in the near future.
    20 Oct 2011, 01:44 PM Reply Like
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