Breakfast food prices are on the rise
The price increase is due to the rise in global supply problems. Breakfast is now being served with a side of sticker shock.
March 24, 2014
NEW YORK—Breakfast is now being served with a side of sticker shock.
The price of bacon is surging and the cost of other morning staples, such as coffee and orange juice, is set to rise because of global supply problems, from drought in Brazil to disease on U.S. pig farms.
And it’s not just the first meal of the day that’s being affected. The cost of meats, fish and eggs led the biggest increase in U.S. food prices in nearly 2 1/2 years last month, according to government data. An index that tracks those foods rose 1.2 percent in February and has climbed 4 percent during the past 12 months.
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