Wholesale prices rise 1.6 pct. due to biggest jump in food costs in more than 36 years

March 16, 2011 09:29


Food prices soared 3.9 percent last month, the biggest gain since November 1974. Most of that increase was due to a sharp rise in vegetable costs, which increased nearly 50 percent. That was the most in almost a year. Meat and dairy products also rose. – AP



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