Retail meat prices rise 9.2% in February

by Editor
Tuesday, March 22, 2011

Retail meat prices in the U.S. rose 9.2 percent last month on a seasonally-adjusted basis when compared to February 2010, according to the U.S. Bureau of Labor Statistic’s (BLS) monthly Consumer Price Index.

Pork prices rose 8.9 percent from last year’s level. Beef and veal prices climbed 10.6%; beef steaks 8.6%; beef roasts 15.4% and ground beef 10%.

The general “at home” food category has risen 2.8% over the past year, with all six of the major grocery store food groups posting increases.

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