Quantcast
Home / Home news / Food prices expected to rise in Arizona

Food prices expected to rise in Arizona

 .

Higher fuel prices, crop damage and a global grain shortage all mean higher food prices are ahead.

The U.S. Department of Agriculture predicts retail food prices will rise 3.5 percent in the U.S. this year. But a sharp jump in wholesale food prices reported by the U.S. Bureau of Labor Statistics could be a sign of a much larger increase in retail prices.

Arizona Food Marketing Alliance President Tim McCabe tells The Arizona Republic he believes prices could increase between 5 percent and 6 percent this year. The Arizona Food Marketing Alliance is a trade group that represents the state’s grocery chains and other food retailers.

That would rival a 5.5 percent jump in 2008, the largest gain in almost 20 years.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

 

x

Check Also

Private Prison

Arizona prisons up number of sanitary napkins for inmates

The Arizona Department of Corrections on Tuesday said it would immediately triple the number of free sanitary napkins it automatically provides each month to female inmates as it works to head off a Democratic proposal in the Legislature to provide unlimited free tampons, pads and other feminine hygiene products.