CARMEL, Ind. — Food costs for a family of four increased more than $2,000 above expectations in 2012, according to a recent study by FarmEcon, an agricultural and food industry consultancy.
Using data from the U.S. Department of Commerce, “Food Costs Are Eating American Family Budgets” found the trend of steadily cheaper food since World War II has reversed in recent years. While food prices gradually decreased from 1950 to 2005, costs for consumers went up each year ...
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