WE’RE GOING TO BE SEEING HIGHER PRICES FOR BREAKFAST FOODS.

nina | October 26th, 2012 - 9:00 am

Shoppers had to pay a bit more for groceries during the third quarter of 2012, particularly due to increased prices for popular breakfast foods such as eggs and bacon.

The total cost of 16 food items that can be used to make one or more meals was $51.90, up $1, or about 2 percent, compared with the second quarter of 2012. Of the 16 items, nine increased and seven decreased in average price. The cost of the overall basket decreased some 2 percent compared to one year ago.

Most of the slight quarter-to-quarter increase resulted from higher retail prices for breakfast staples, apples and bagged salad.

Items showing retail price increases for the third quarter included bacon, up 19 cents to $4.23 per pound; boneless chicken breasts, up 8 cents to $3.17 per pound; and sirloin tip roast, up 5 cents to $4.74 per pound. 

Items showing modest retail price declines included ground chuck (19 cents to $3.47 per pound) and sliced deli ham (4 cents to $5.20 pounds).

Several items showed quarter-to-quarter and year-to-year increases, including sirloin tip roast, up 11 percent.

Source:  Meatingplace.com, 10.17.12

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