Food prices on the up and up — Even U.S. food ain't so cheap anymore

News Type: Event — Seeded on Wed Mar 12, 2008 8:20 AM EDT

Article Source: Culinate

us-news, economy, food, prices, agriculture, inflation, farmimg

Ah, inflation. Everything costs more eventually, right? In the U.S., the average price of gasoline has reached an all-time high of $3.27 per gallon. And around the world, the cost of food is following suit.

As the New York Times reported recently, "Everywhere, the cost of food is rising sharply." In the U.S. alone, "food and beverage prices are rising 4 percent a year, the fastest pace in nearly two decades."

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Michael Sautter's Column, All of Newsvine
Groups: Foodies!
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