Expect food prices to go up, up, up

Amanda Shendruk illustrates how much your favourite foods will increase in price in 2013

by Amanda Shendruk

Last week, the University of Guelph released their annual Food Price Index report. The researchers suggest that in 2013 overall food prices could jump between 1.5 and 3.5 per cent with items such as pork likely to rise around 8 to 10 per cent.

That means, if a family spends approximately $2,000 on pork in a single year, in 2013 they can expect to pay almost $2,200. That may not seem like a lot, but considering other increases (eggs: 3.5-5 per cent, beef: 6-8 per cent, coffee and tea: 2-4 per cent), the costs will add up quickly.

How much will your favourite foods increase in price next year? (Click on the graphic below to see full size.)




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Expect food prices to go up, up, up

  1. Become a vegetarian. Don’t eat meat for three times a week at least.

    • Yeah, fresh veggies and fruit are sooo cheap… :/

      • Fresh veg and fruit are something you should eat with your meat anyway. But you can substitute grains and pulses for your meat while still eating your fresh veg. and lower your grocery bill substantially.

  2. Food is still 1/3 of the price of your rent, which means it is still extremely cheap. If people actually expected organic food (organic food as imagined in their own minds anyway), food would be more expensive than what you are currently paying for rent.

    So be of good cheer. You are getting the best product you can expect for the price consumers are willing to pay.

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