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Kentucky food prices up for first time in more than a year

Kentucky Farm Bureau’s quarterly Marketbasket survey shows an increase in Kentucky food prices for first time in more than a year.
Kentucky Farm Bureau’s quarterly Marketbasket survey shows an increase in Kentucky food prices for first time in more than a year. MCT

Kentucky Farm Bureau’s quarterly Marketbasket survey shows an increase in Kentucky food prices for first time in more than a year.

The survey of 40 basic grocery items showed an increase of 1.03 percent, the first increase since the fourth quarter of 2014.

Overall, the cost of the items totaled an average of $120.16, compared with $118.92 in the first quarter of 2016.

The biggest category increases were in dairy, which rose 5.4 percent, and beef, which rose 2 percent. The biggest category decrease was in poultry, which fell 3.2 percent, and fruits and vegetables, which fell 1.5 percent.

Biggest gains: Cheddar cheese, up 87 cents a pound; chuck roast, up 66 cents a pound; and rib-eye, up 34 cents a pound.

Biggest drops: Extra-large eggs, down 26 cents a dozen; tomatoes, down 50 cents a pound; and peppers, down 25 cents each.

Kentucky food price increases were slightly higher than the latest national Consumer Price Index information, which indicated a 0.1 percent decline in overall national food prices during June. The CPI also denoted a 0.3 percent drop in the food-at-home index.

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