More stories about increasing prices on the horizon. The inflation we have been seeing for the past year is only the beginning. The president of Gristedes and D’Agostino Foods (A New York supermarket chain) thinks that food prices will rise dramatically in the next several weeks, and predicts a 10% increase in food costs over the next 60 days, just in time for the holidays.
No one can claim that the signs weren’t there, nor can they claim that they didn’t know this was coming. You were warned.