Fuel, commodity prices lead to higher Arizona food prices
Published: April 7, 2011 at 8:15 am
Higher fuel and commodity prices mean a 5 percent increase in Arizona food prices according to an agriculture trade group.
The Arizona Farm Bureau says it’s one on the largest quarterly gains in the past few years and signals an end to two years of price declines..
The bureau says Arizonans paid $47.85 for the hypothetical basket of groceries in the first quarter of 2011, up $2.41 from the $45.44 they paid for the same items in the fourth quarter of 2010.
A Farm Bureau spokeswoman tells The Arizona Republic that food prices in Arizona will likely continue to climb throughout the year because fuel and commodity costs are expected to remain high.
Meanwhile, the American Farm Bureau Federation says Arizonans are still paying less for groceries than many other parts of the nation.
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