Beef, Laundry Detergent Prices Expected to Rise in 2012

Food prices are on the rise both in the U.S. and internationally because of bad weather and rising oil prices, but products we use at home including detergents are spiking as well. The UN's Food and Agriculture Organization said its price index rose 1 percent from January to February, after rising almost 2 percent in January. The packaged food giant Kraft Foods, for example, raised prices 7.6 percent worldwide in the fourth quarter of 2011. Speculation is blamed for part of the increase in...Full Story
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