NEW YORK (AP) - Consumers anxious for relief in the checkout line may have to keep waiting.
Experts say the forces behind the rise in food prices -- China's economic boom, a growing biofuels industry and a weak U.S. Dollar -- are global, and probably won't let up anytime soon.
A chief economist of moody's investor service says it's the worst bout of food inflation since 1990, but not yet worrisome to the economy.
While high food prices can cut into consumers' discretionary spending, the 4 percent rate of food inflation is still far below the crippling double-digit levels of the 1970s.
One Illinois shopper says a couple of years ago she would spend about $250 a month on one big grocery trip. Now she says she's spending the same amount on big trips every two weeks.