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Much more money for a mouthful
A typical household may soon be paying about $350 more for the same cart of groceries they bought last year. The government is raising it's projections for how much the price of food will rise this year. The Agriculture Department yesterday added a half percentage point to the food inflation forecast. The number has been rising for three months straight and it's now hovering around 5 percent. That kind of increase hasn't been seen since 1990.
Posted on May 20, 2008 6:05 AM PT | Permalink
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