Tuesday, June 17, 2014

THE DEMOCRAT IN POWER BREAKS THE BACK OF AMERICANS WITH OVERWHELMING HIGHER PRICES IN EVERYTHING SINCE THE POTUS BHO HAS COME INTO POWER–THE SOCIALIST DEMOCRATS WAY OF PUNISHING AMERICANS–AS THE COST OF TRANSPORTATION THROUGH HIGHER GAS PRICES AS THE WORLD WAS ENDING UNDER A GOP PRESIDENCY AT $75 A BARREL PRICE NOW MEANS NOTHING WHEN THE PRICE OF A BARREL HOVERS ABOVE 100 NOW $106 UNDER THE PINNACLE POTUS DEMOCRAT BHO– AMERICA NEEDS TO THANK THE DEMOCRATS FOR GIVING US UNEMPLOYMENT UP THE WAZZO AND HIGHER FOOD PRICES STUCK UP YOURS TOO

The seasonally-adjusted price index for meats, poultry, fish, and eggs hit an all-time high in May, according to data from the Bureau of Labor Statistics (BLS).  

In January 1967, when the BLS started tracking this measure, the index for meats, poultry, fish, and eggs was 38.1. As of last May, it was 234.572. By this January, it hit 240.006. By April, it hit 249.362. And, in May, it climbed to a record 252.832.

“The index for meats, poultry, fish and eggs has risen 7.7 percent over the span [last year],” says the BLS. “The index for food at home increased 0.7 percent, its largest increase since July 2011. Five of the six major grocery store food group indexes increased in May. The index for meats, poultry, fish, and eggs rose 1.4 percent in May after a 1.5 increase in April, with virtually all its major components increasing,” BLS states.

In addition to this food index, the price for fresh whole chickens hit its all-time high in the United States in May.

In January 1980, when the BLS started tracking the price of this commodity, fresh whole chickens cost $0.70 per pound. By this May 2014, fresh whole chickens cost $1.56 per pound.

A decade ago, in May 2004, a pound of fresh chicken cost $1.04. Since then, the price has gone up 50%.

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http://www.cnsnews.com/news/article/ali-meyer/price-index-meats-poultry-fish-eggs-rockets-all-time-high

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