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Reply to "WH tweet about saving sixteen cents on July 4th cookout food turns controversial "
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[quote=Anonymous][quote=Anonymous]From Beans to Burgers, Food Is Getting More Expensive https://www.google.com/amp/s/www.wsj.com/amp/articles/from-beans-to-burgers-food-is-getting-more-expensive-11623344185 “We’re in a period of unprecedented commodity inflation,” Unilever Chief Executive Officer Alan Jope told investors Monday. He said Unilever would recover some of those costs in part by selling smaller packages of some foods at the same price as a larger size. Higher prices on grocery-store shelves and restaurant menus are part of a broader rise in inflation. U.S. consumer prices surged 5% in May from a year ago to reach the [b]highest annual inflation rate in nearly 13 years[/b]. More expensive used cars and trucks fueled the increase, according to Labor Department data, and prices for furniture and airfare also jumped. Food prices are rising because of the higher costs for labor and transport but also ingredients including corn, soybean oil and wheat. Supermarket executives said prices they pay for beef had gone up from 20% to 40% depending on the cut. Keith Milligan, controller of Piggly Wiggly grocery stores in Alabama and Georgia, said the company was passing much of the increase on to customers.“ I don’t understand how the pp who claims food prices aren’t higher continuously denies the fact. [/quote] 13 years ago was when we were coming out of the last recession. [/quote]
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