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    Are food prices continuing to rise?

    +4  Views: 494 Answers: 8 Posted: 12 years ago

    8 Answers

    The U.S. Department of Agriculture estimates that grocery store prices will rise from 3% to 4% next year. Food retailers have no choice but to continue to raise prices to restore their dwindling profit margins. 

    melandrupert

    same here Pamela :-)

    Yes In the Uk they will rise again we have no choice but to carry on as we all need to shop for food!

    melandrupert

    Thanks Pamela :-)

    Yes, our spending power is diminishing.  Manufacturers are clever.  Superficially the price is about the same as before, but the contents have actually shrunk unnoticeably.  Facial tissues are smaller and thinner, cooking oil in 40-oz bottle instead of 48-oz bottle, fewer chips in the same bag......  Today I went to a supermarket.  Fuji apple used to be 99 cents a pound, today $1.29 a pound.......

    redslider

    prices are higher, too.

    I look for food prices to go up a lot more this winter, buy and store ahead if you can.

    yes have you ever honestly seen the prices drop.

    Bananas are $13.98 per kilo (Up from around $5.99)at our local Woolworths & Queensland is one of the biggest banana producers in the world.

    eggplant

    I think they are price gouging as Northern New South Wales was not flooded, and there are miles of bannana plantations up there.
    Tommyh

    You've got that right Eggy.
    We bought cav bananas at Murwillumbah on the weekend for $3 per KG.
    Ann

    Bananas where I live in the US are 69 cents a pound. Yours are much more expensive. I wonder why.
    Tommyh

    Ann.It's simply price gouging like Eggy said.Cyclone yahtzi did a lot of damage to the banana crop in North Queensland & it all began there.Any excuse to make a few more bucks out out of the public suckers.(Pardon the pun).

    Things will get worse before they get any stability on the markets. Everything as we know it will rise in cost.

    Food prices in Australia are constantly rising. At the moment, we have the highest prices in the world.



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