Friday, November 5, 2010

Projected Food Prices


NIA's food price projections are "based on the way NIA calculates real price inflation, by eliminating geometric weighting and hedonics" comparing prices to "real adjusted high in September of 1974."


  • loaf of bread; $23.05

  • ear of corn; $11.43

  • pound of sugar; $62.21

  • pound of coffee; $77.71

  • 2 qts soymilk; $24.31

  • 1.55 oz chocolate bar; $15.50

  • plain white t-shirt; $55.57

  • 2 qts OJ; $45.71

See the entire report HERE.


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