The major factors driving up the cost of food
Another report on the pace of inflation in the U.S. is due later this week and there’s some hope that it’s slowing. But most people have noticed higher prices at the grocery store on everything from dairy to meat to wheat products. The cost of groceries rose 13.5% in the past year, the largest increase in 43 年. Economics correspondent Paul Solman looks at what’s driving prices up.
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