Shoppers will soon pay more for groceries, the nation's consumer goods companies told those who most closely watch the industry Tuesday. The food manufacturing industry is dealing with record commodities prices, and firms are rushing to recoup some of those costs from consumers. (Chicago Sun-Times, Wednesday)
A more thorough analysis would reveal this as a symptom of a much deeper problem. . .
FEE Timely Classic
The Tragedy of Inflation: Much More than Higher Prices by Bettina Bien Greaves