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Food cost compared to income is highest in 30 years

Summary by Ground News
Americans are now spending 11.3% of their disposable income on food. That hasn't happened since President George H.W. Bush was in office.Prices at dining establishments jumped more than 5% last month compared to January.Economists believe food prices are not likely to stabilize soon.

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abc 7 Chicago broke the news in Chicago, United States on Thursday, February 22, 2024.
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