Food Prices To Rise 3.5 Percent To 4.5 Percent This Year

Oct. 26, 2011
The U.S. Agriculture Department on Tuesday said it expects retail food prices to increase 3.5 percent to 4.5 percent this year, after climbing just 0.8% in 2010, the slowest rate since 1962.

The U.S. Agriculture Department on Tuesday said it expects retail food prices to increase 3.5 percent to 4.5 percent this year, after climbing just 0.8% in 2010, the slowest rate since 1962, according to The Wall Street Journal. For the full story, click here.