Kentucky's retail food prices rise 2.2%, reach a new high
Average retail food prices were up 2.2 percent, or $2.50, across the state in the past three months, according to the Kentucky Farm Bureau's quarterly Marketbasket Survey. At $117.44 for 40 basic grocery items, the cost set a new high for the 40-year-old survey.
The second quarter's total is $8.96, or 8.3 percent, more than the same period in 2010, and $15.18, or 14.8 percent, more than 2009.
Pork had the biggest jump — an average of 7.5 percent, with bacon up 62 cents a pound in June. The biggest decrease was for tomatoes, which were down 67 cents a pound.
Retail food prices nationally are up 3.5 percent during the past 12 months, according to the Consumer Price Index, in part because of higher energy costs and gasoline prices.
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