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Kiplinger.com: Foods Raising Your Grocery Bill in 2013

Foods Raising Your Grocery Bill in 2013

By Ed Maixner

You'll pay more at the supermarket this year, thanks to drought-depleted food supplies and a greater reliance on pricier food imports.

Look for food prices overall to go up as much as 4% in 2013, about a percentage point higher than 2012's annual increase. Some products will see even sharper price spikes. For instance, the shortage of soybeans is helping to push the price of vegetable oils up 5% to 6%, on average. A one-pound tub of soft margarine has risen 33%, to $2.08, since 2010, when the nation's persistent drought began.

Click through our slide show for an idea of how much to budget for your groceries this year.
(Credit: iStockphoto)
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Kiplinger
The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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