<![CDATA[Bidenflation for Breakfast: Milk, Cereal, Bacon, Eggs, Muffins, Juice, Apples, Bananas, and Coffee Prices Soar]]> https://usagag.com/2021/12/10/bidenflation-for-breakfast-milk-cereal-bacon-eggs-muffins-juice-apples-bananas-and-coffee-prices-soar/ Fri, 10 Dec 2021 15:45:00 +0000 hourly 1 https://usagag.com Bidenflation for Breakfast: Milk, Cereal, Bacon, Eggs, Muffins, Juice, Apples, Bananas, and Coffee Prices Soar According to data released by the Department of Labor on Friday, virtually all breakfast foods are much more expensive than they were a year ago. Overall, after a half-point increase in November, the food at home inflation index was up 6.4 percent compared to a year earlier.

Here are some of the big price hikes that are straining family budgets at breakfast.

  • Breakfast cereals prices jumped 3.3 percent in November and are up 4.5 percent compared with a year ago.
  • Whole milk prices are up 6.6 percent compared with a year ago and jumped 1.4 percent compared with October.
  • Eggs prices actually fell 1.8 percent in November but are up 8 percent year-over-year.
  • Bacon prices rose 0.6 percent in November and are up 21 percent annually.
  • Breakfast sausage prices are up 12.9 percent for the year even after falling 0.4 percent in November.
  • Muffins and biscuits prices are up 6.6 percent compared with a year ago after rising 1.2 percent from October.
  • Fresh Juice prices dipped 0.4 percent in November and are up 3.7 percent for the year.
  • Frozen Juice prices also inched down 0.4 percent in November and are up 3.7 percent annually.
  • Coffee prices are up 7.5 percent annually after a 0.3 percent rise in November
  • Fresh Fruit prices rose 0.8 percent in November and are up 5.8 percent compared with last year.
  • Apples have soared in price this fall, apple-picking season, and are now up 7.4 percent on the year.
  • Bananas rose 1.4 percent in November and are up 3.7 percent compared with a year ago.
  • Peanut Butter prices rose 0.9 percent in November and are up 6.8 percent annually.
  • Baby food prices are up 6.7 percent annually.

Almost every food category has increased in price since last year. The pervasive nature of these food price increases makes it more difficult for households to find substitutions for less expensive foods.

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