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Food forecast: Prices up for the year
The Atlanta Journal-Constitution
You might be able to overlook your potato chips, cookies or bagged carrots showing up in smaller packaging at the grocery store, but you can’t ignore your receipts.
In May, a “thrifty” family of four spent an average of $612.70 on food prepared at home, according to the U.S. Department of Agriculture. That’s an increase of 4.6 percent over last year.
But the thrifty family’s monthly grocery bill pales compared to the $1,209.20 spent last month by families on a “liberal” budget, the USDA says. That’s an increase of 4.4 percent from 2010.
And you’ll continue to pay more for groceries this year — mostly, the USDA says, because of rising energy and agricultural prices and increased demand for food around the world.
Even couponers are feeling the pinch. Michelle Atwood, who runs the shopping website IheartPublix.com, says big coupons, like 50 cents off one product (which could double to $1) are becoming more scarce.
“Now we’re looking at 45 cents off three,” Atwood says. “I used to be able to get a box of fruit snacks after coupon for definitely under $1. That doesn’t happen anymore.”
Larry Peterson, who created MyGrocerySpy.com, says he’s noticed shoppers changing their habits to cope with rising prices.
“We’re seeing that people are tending to buy less than they have in the past,” Peterson says. “But they tend to shop a little more often.”
Instead of stocking up in heavy quantities on meat and produce, shoppers are buying them at more regular intervals, he says. He suspects the more frequent shopping is to hit sales at one or more stores.
Whether you’re using coupons or not, buying in bulk or shopping multiple times a week, Atwood and Peterson have tips on how to save even more at the grocery store:
Atwood: Make a menu based on what’s on sale. “You can easily save 50 percent by just shopping the sales.” She says people run up their grocery bills quickly by deciding to cook whatever they have a hankering for — say, a rib-eye steak for dinner — when it’s not on special.
Peterson: Shop on Thursdays — the day by which most metro Atlanta grocers have released sales in their circulars. That way you can compare sales across stores. “It’s the first day that most stores have their meat department sales. It’s also the best time for freshest produce because it’s usually stocked on Wednesday night. So you get the optimum pricing as well as the freshest produce.
Shopping Compare Prices - News
Peterson: Shop on Thursdays — the day by which most metro Atlanta grocers have released sales in their circulars. That way you can compare sales across stores. “It's the first day that most stores have their meat department sales.
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