USDA has once again raised its consumer food price forecast. Economists now predict you will pay anywhere from 8.5 to 9.5 percent more this year.

The Agency originally predicted a 2-3 percent rise in consumer prices, and eggs, fats, and oils are making the biggest gains. The 20-year average for food prices is a 2.4 percent increase, making the current price hike a significant jump.

 

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