Retail Food Prices Up 4% in Q3, Farm Bureau Reports

Retail food prices at the supermarket increased by about 4% during the third quarter and 10.5% from the third quarter a year ago, according to the American Farm Bureau Federation's Marketbasket Survey.

WASHINGTON — Retail food prices at the supermarket increased by about 4% during the third quarter and 10.5% from the third quarter a year ago, according to the American Farm Bureau Federation's Marketbasket Survey. The survey showed the total cost of 16 basic grocery items was $48.68 in the third quarter, up $2.01 from the second quarter. Of the 16 items, 11 increased and five decreased, the bureau said, with potatoes, cheddar cheese and apples registering the largest price increases. Other i

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