Saturday, August 23, 2008

As Gas Prices Go Down, So Will Food, Right? No

As prices for crude oil and other commodities ease, Americans have gotten a small dose of relief at the gas pump. But don't expect less pain at the grocery counter.Food inflation is to stay — and will probably get worse for some things.That's because retail prices for cereal, eggs, cheese and meat generally lag by several months.


read more | digg story

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