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How much your groceries will cost in 10 years

April 28th, 2008 by rickt99

Think that your trip to the local grocer is pricey now? Just wait.

Here is a quote from this article:

VEGETABLES

Compared with meat and other grain-related foodstuffs, vegetables may seem relatively inexpensive, says Peter Ayton, of the market analyst Mintel. Research indicates that sales of fruit and veg have been star performers, growing steadily over the past few years. Mintel predicts that this will continue, due as much to our interest in healthy eating as reasonably stable prices. In the longer term, rising oil prices combined with water shortages are likely to increase costs. Most vegetable production needs nitrogen fertiliser, which is energy-intensive, and plenty of water.


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