Contact Us

Food Price Inflation May Be Slowing Down

David McNew/Getty Images

The latest government report on inflation has some good news for food shoppers.

Over the next decade agriculture analysts predict food price inflation will tag just behind the general inflation rate.

U.S. Department of Agriculture Analyst, David Stalling says this is good news after a five percent overall jump in prices last year.  Meat actually went up 8 to 13 percent.

He says the increases reflect raw farm commodities and a cut in beef production.

“Food prices also reflect prices for transportation, packaging and for all the costs of bringing it to the retail sector as well.”

Stalling suggests a slow down in commodities prices will spell a slow down in inflation.

Over the next ten years he expects food prices to go up, on average, about 2.3 percent a year.

More News from K2 Radio

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://k2radio.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on K2 Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Register on K2 Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!