Marketbasket survey shows food prices slightly down during last quarter

The latest Marketbasket Survey, conducted by the Kentucky Farm Bureau Federation in December 2011, indicates that average retail food prices in supermarkets across the state have decreased by 1 percent during this last quarter. According to the survey, the total cost of 40 basic grocery items was $115.90. This reflects a decrease of $1.16, or 1 percent, from the same list of items reported in the previous quarter.

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