"Analysts warn the high prices for both food and gas are here to stay for a while. "
Notice that they announced their price increase at Starbucks on “News Dump Friday”.....
Food prices are rising at double digit rates. I watched the bologna I buy go from 4.98 to 5.63 the other week, a 13 percent jump in price.
Its been going on for years now.
I heard about a 15 percent food inflation rate in Australia when I listened to a local news broadcast a few years back and the BBC has since published on its website a story about a 15 percent food price inflation rate worldwide.