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Analysts: Food prices to rise 2 to 4 percent this year

from The Montgomery Advertiser

Grocery bills are expected to increase this year anywhere from 2 percent to 4 percent, almost doubling the increase in food prices for 2013. Studies and data from U.S. Department of Agriculture and the U.S. Department of Labor forecast a 2.5 percent to 3.5 percent overall increase in retail food prices nationwide. The weather and fuel prices are the biggest variables, along with yields and market conditions also significantly impact prices. more


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