Digging deeper to eat
Food prices are on the rise in the U.S. and around the world, taking money out of the pockets of consumers and grocers. Jill Bennett reports.
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Digging deeper to eat
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- US consumers are seeing rapid price increases.
- The first man interviewed has had a recent pay increase.
- Food prices are the only prices which are increasing.
- The woman interviewed shops around for her milk.
- People are very unhappy about the increase in the price of milk.
- Dairy foods have had the biggest price increase.
- Most wholesalers are putting their prices up.
- The shopkeeper will not pay a 5% increase on products immediately.
- The cost for all foods is going up by 7%.
- Most people spend 9.9% of their disposable income on food.
- This may rise to 12% or 13% in the near future.
- These increases are all being caused by bad weather across the world.
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