Originally posted at 1:41 pm on February 17, 2014 by Ed Morrissey
If you’ve noticed a higher grocery bill in this era of supposedly low inflation, you’re not imagining things. Despite Washington estimates of low consumer inflation over the last few years, the prices of goods at the market are rising rapidly — especially for meat items, which have risen by double digits since 2011. Jen Singer celebrates in this CBS News profile when she spots bacon on sale for three dollars a pound, when bacon prices have shot up 22% over the last three years:
The adage “An apple a day keeps the doctor away” is impossible thanks to apple prices, she said.
“We go through one of these every few days,” she said, holding a loaf of bread. “It’s a big part of my take home pay.”