WASHINGTON The Consumer Price Index for baked foods and cereal products
posted its 14th consecutive year of higher prices in 2009, advancing 3.2%.
Although the third sharpest gain in the past 10 years, the gain was down from
increases of 10.2% in 2008 and 4.4% in 2007.
For the third year in a row, the C.P.I. for every category of grain-based foods
increased in the 12-month period that ended in December. In most cases, the gain
exceeded 2%, and in many instances was more than 3%.
A year after posting a historically high increase of 6%, the index for all food
at home had the least impressive gain of the categories tracked, rising only
0.5% in 2009. It marked only the second time in the past 40 years that the
year-over-year gain was less than 1% (it was 0.7% in 1992).
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