Friday, April 17, 2009

Time to Save Money and Eat Meat

Meat looks like a relative bargain compared to fruit, vegetables and potatoes according to Statistics Canada. CTV reports:
Statistics Canada says food prices rose 7.9 per cent over the 12-month period to March -- the largest increase since November 1986. Prices for fresh vegetables shot up 26.5 per cent and fresh fruit cost 19.3 per cent more than last year. Potatoes were particularly more expensive. They were up a whopping 54.9 per cent over the year, largely as a result of poor harvests that reduced supply.
If that means fries and chips are going to be more expensive, this is really bad news. It sounds like there were smaller increases in meat prices (something had to pull down the average) so it's time to eat up - it's only a matter of time until they move higher too.

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