Matthew's Foray into Blogging

Tuesday, July 05, 2005

Inflated Grocery Prices

I have been aware of an upward trend in the cost of food items. I wonder whether the food retailers are attempting to increase their profits by surreptitiously raising prices, whether grocers are passing along to consumers their increased costs, such as from increasingly expensive fuel that results from sixty dollar a barrel oil, or whether inflation is driving up prices.

If fuel expenses are causing retailers to increase their prices, would this inflationary trend reverse itself if America weaned itself off of fossil fuels?

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