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   Reports Show Food Prices Slightly Down This Holiday Season
by Richard Mullins, Media General News Service
Posted: Wednesday, November 25, 2009 at 8:36AM EST

As long and costly as that Thanksgiving grocery receipt may look, be thankful. Last year, food cost much more, and next year prices will probably rise back up.

For a brief window, we’re living in a remarkably cheap moment in grocery shopping.

A general drop in fuel prices and the awful economy have done wonders to push down prices on the basics: meat, eggs, dairy, produce and cereals. Food-price inflation is below the previous year’s rate, “a phenomenon that has not been seen in 42 years,“ notes a report by the U.S. Department of Agriculture.

That will be important this coming week, as the days leading up to Thanksgiving are as big in the grocery stores as Black Friday is in the malls.

To read the rest of the story, please go to: NBC13


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