US food price inflation is 22%
Well, actually, it's 10%
the Department of Agriculture (DOA) just warned the American public that the consumer price index for food is up by 10% this year.
(first paragraph of article)
(follows link in TFA)
Well, actually it's 10% for 2 categories, beef and veal, the overall figure is...
The USDA said overall U.S. food price inflation for 2014, including food bought at grocery stores and food bought at restaurants, would rise by 2.5 percent to 3.5 percent in 2014.
But hey, if you add all those figures together, (and you're not so good at math) that adds up to 22%, so we'll use that in the headline.
And the reason for the price hike is...
The agency said conditions in California could have "large and lasting effects on U.S. fruit, vegetable, dairy and egg prices," as the most populous U.S. state struggles through what officials are calling a catastrophic drought.
Thanks Obama!
there doesn't seem to be anything here