Lower Hudson Valley food prices decline 1.5%
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- December
- 11
The average price of a weekly basket of food for a family of four dropped by 1.5 percent between November and this month, according to a survey of six regional supermarkets conducted by students at Rockland Community College.
Students in an economics class have undertaken the monthly survey of 40 food items in the supermarkets in Westchester, Rockland and Putnam counties. The market average for the food basket this month was $200.17, down from $203.12 last month.
This month’s survey noted a sharp decline of 17.4 percent in the cost of dairy items. Fresh fruits and vegetables were up 8.1 percent. Professor Martin Lecker, who is overseeing the survey, said that sale prices for milk may have contributed to the drop.
Month-over-month variations in price also are subject to seasonality, he said.
The supermarkets used in the survey were A&P at 660 McLean Ave. in Yonkers, Key Food Marketplace on Route 6 in Mahopac, Pathmark on Route 59 in Nanuet, Stop & Shop at 350 S. Broadway in Tarrytown, ShopRite in Tallman, and Food Town in Cold Spring.
The Bureau of Labor Statistics’ Consumer Price Index for November will be released on Friday. The October report, released last month, showed the cost of food and beverages in the New York metro area rose 4 percent from October 2005.
This entry was posted
on Monday, December 11th, 2006 at 5:38 pm by Jerry Gleeson.
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