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Foods We Can No Longer Afford Due To Inflation

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Sugar

The price of sugar has been going up significantly. Yahoo! Finance stated that the price of sugar reached a record high of $.97 per pound, up from $.60 in 2020.

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Cereal

This breakfast staple has been getting more and more expensive. Since the price of grains and sugar has gone up, the price of cereal has also increased.

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Olive Oil

The price of olive oil has slowly been going up and up. The New York Times reported that a drought in Spain caused olive oil prices to spike.

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Rice

Yahoo! Finance reports that the price of rice rose 5.5% over the last year. This commodity outpaced the general rate of inflation and made it a grocery store item we might want to skip.

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Bacon

Bacon lovers have surely seen the price hike on this popular breakfast food. Bacon prices have been steadily increasing since the pandemic and are now at their highest price ever.

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Baked Goods

Since the price of sugar went up, so did the price of baked goods like cookies, brownies, and donuts.

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Candy

Candy is another sweet treat that has gone up in price. No one is reaching for that candy bar at the checkout line anymore since prices have gone up around 7.5% in a year.

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Frozen Vegetables

Discount frozen veggies are a thing of the past. Yahoo! Finance and the National Consumer Report Index reported that the price of frozen vegetables increased about 14.7% over the past year.

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