Many nutritionists tell us that breakfast is the most important meal of the day because it kick-starts into our morning. But, lately, you may be feeling a little sick, or perhaps even a bit depressed after eating that All-American staple of eggs, bacon, toast and coffee. This may be because -- just since January 2013 -- the cost of that basic meal has risen by 24% overall; with coffee up 72% and bacon 42%.
|
Click on image to enlarge |
Simply, you have to ask yourself this: Did I get a 24% raise last year to afford these breakfast increases? Probably not. And, it isn't just breakfast that has become expensive. All meals are costing you more. Because of this, you and I have less dollars in our pockets for other things and, as a result, overall consumer spending is hurt in the process; just another one of the reasons the economy contracted by 2.9% in the first quarter.
Reference:
Blistering food rally plays havoc with breakfast:
http://www.ft.com/intl/cms/s/0/2ac2dbe6-adae-11e3-9ddc-00144feab7de.html#axzz36nZGcWjo
No comments:
Post a Comment