Although the overall Consumer Price Index dropped by 0.2 percent in August, the price index for food rose 0.2 percent, with the average price for a pound of ground beef rising to $4.013 per pound–the first time it has ever topped $4 per pound.
In July, according to the Bureau of Labor Statistics, the average price for a pound of ground beef had been $3.884 per pound—which was the record price up to that point. From July to August, the average price jumped 12.9 cents, an increase of 3.3 percent in one month. Continue reading “New Record: Pound of Ground Beef Tops $4 for First Time”

CNS News – Ali Meyer
ABC News – by Elliot Spagat, AP
Sent to us by the author.
WSPA 7 News
The Wire – by David Ludwig
Reuters
Mail Tribune – by Mark Freeman
New York Times – by JONATHAN WEISMAN
Yahoo News – by Julie Pace
CNS News – by Susan Jones
CNS News – by Susan Jones
Sent to us by a reader.
Yahoo News
Amsterdam News – by Herb Boyd
Sent to us by Robert Byrne
Infowars – by Kit Daniels
Breitbart – by Tony Lee