Here are a few easy ways to save at the grocery store. The cost for food has increased by 4.2% from July 2010 to July 2011, according to the Consumer Price Index. Three factors are pushing that hike: rising commodity, fuel costs and the weakened value of the U.S. dollar.
In fact, what you’re paying now at the grocery store will double by 2030, and that’s only the beginning. Even so, there are easy ways to cut down your food bill and fight the growing inflation. First, let’s get past the marketing and packaging.
Size does matter, but it doesn’t always give you the whole picture about what you’re purchasing. Some food corporations are camouflaging increased prices by putting less product in larger packages. The bigger packages can be more expensive than the regular size, so this is something to look past.
The cost of ground beef has increased 11.5% since 2010, according to the USDA, with a chance to rise another 7% to 8% this year. Pork cost 7.3% more summer 2011 than it did in summer 2010. So what should you do?
You can fight food inflation by substituting for those products until prices fall. For example, shoppers can purchase chicken or turkey instead of beef. Chicken is up just 2.7% from 2010.
Turkey felt a hike of 7.1%, but this meat is generally less expensive than beef by the pound. You also compensate the rising costs by trading high-priced fresh meats and fish for frozen or processed varieties. Lately, stick to seasonal fruits and veggies because their prices remain moderate.