Food prices move up for consumers in 2010.
A “classic” Thanksgiving dinner for 10 will cost $43.47 this year, up 1.3% from 2009, but down $1.14, or 2.6%, from 2008, according to an annual survey conducted by the American Farm Bureau Federation.
The cost of three items decreased, eight increased and one was unchanged, according to the 12-item survey, which has been conducted annually since 1986.
The non-scientific survey, conducted by volunteer shoppers, is “an informal gauge of price trends around the nation,” according to the AFBF. The shoppers look for the best prices without taking advantage of special promotional coupons or purchase deals, such as minimum grocery purchases, the association said.
To read the entire article, link here.