The Joe Pags Show

The Joe Pags Show

Get his official bio, social pages, articles and more online!Full Bio

 

Food Prices Climb to Highest Level in Decades

Onions Linked To Salmonella Outbreaks In 37 States

Photo: Getty Images

Feeding one's family in the United States has become a costly affair.

In the 12-month period ending in November, the average price for groceries in the U.S. has risen by 6.4%, the Bureau of Labor and Statistics reports. The figure marks the country's biggest spike in grocery prices since 2008, according to the Bureau.

That's not to say going out to eat is any less expensive. Restaurant prices have climbed 5.8% over the same 12-month period, the agency reveals.

Meanwhile, average consumer prices -- meaning the cost of just about everything else -- has seen a 6.8% increase over the past year -- marking the highest rate of inflation in 39 years, according to the Labor Bureau.

That translates to about $4,000 in extra yearly costs for each American family.


Sponsored Content

Sponsored Content