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Why Your Grocery Bill is Going Up

Why Your Grocery Bill is Going Up
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Self_2013_vectorUsually it’s a night out at the bar or a lavish meal that produces the head-scratching receipt, but a basic supermarket run? Start saving your pennies, because staples like lettuce, grapes, and tomatoes are going to be inching up in price over the coming months.

The culprit: a rough drought that hit California three years ago and hasn’t let up since. Isn’t a head of lettuce, like, the cheapest thing in the produce department? Soon, it may hit 62 cents a head, and avocados are predicted to ring in at $1.60 each. And it’s not just the veggies taking the hit—sweets are in danger, too! On the international scene, the price of cocoa has risen 30% in the last two years thanks to more recent demand in countries like China. Chocoholics, start building up your stash!

produce prices pop

 

Which of your favorites are you willing to pay a little extra for?  

 

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Chart: Arizona State University/Nielsen Perishables Group, wsj.com

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