Food prices rising fast

Food prices rising fast

Posted: Updated:
NEW YORK (MYFOXNY) - The U.S. is experiencing the worst food inflation in 17 years, according to the U.S. Department of Labor.

Prices for meat, poultry and fish have increased an average of eight percent over last year.  Fish prices are up 4.2 percent since last spring while ground beef is up 11 percent and pork is up 9.4 percent. Eggs costs were up 25 percent in early 2014, according to the U.S. Department of Agriculture. 

The rise in cost is due in large part to a drought in California, a swine virus and weak cattle numbers. The drought has wiped out 10-20 percent of the vegetable crop, according to FOX Business.

Jim Hopkins, 52, a supervisor at Associated Supermarket in the West Village told the New York Post he’s seen a decrease in meat sales and believes the prices will continue to rise.

“They’re expecting a big increase come July again. I think it will affect [the deli] stronger into the coming summer season," Hopkins told the Post.

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