June food prices up slightly, expected to go higher

jpatton1@herald-leader.comJuly 17, 2014 

Kentucky food prices rose slightly in the second quarter of the year, according to the Kentucky Farm Bureau's Marketbasket Survey in June.

The total cost of 40 basic grocery items was $122.23, up $1.53, or 1.3 percent, from cost of the same list in March.

So far this year, Kentucky grocery prices are up 1.8 percent, but that's less than the nation as a whole: U.S. Bureau of Labor Statistics' Consumer Price Index shows national prices for food-at-home increasing by a total of 2.2 percent during the first five months of 2014.

The U.S. Department of Agriculture has forecast that food prices will rise 2.5 to 3.5 percent this year.

Of the six food groups in the most recent survey — beef, pork, poultry, dairy, grains, and fruits and vegetables — the pork category showed the largest total increase with an average price jump of 8.2 percent or $1.52.

Janet Patton: (859) 231-3264. Twitter: @janetpattonhl.

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