smart spending

Price war: 5 ways to fight food inflation

Frugal sense never goes out of style
Slide 6 of 6
Previous
Frugal sense never goes out of style

Sales are always in fashion, and that includes grocery sales.

Compare the high grocery prices from 2008 and the beginning of 2009 to the lower grocery prices in 2010. There's about an 11 percent decrease in the average shelf prices, Volpe says.

However, if you only look at the average prices of items on sale, there's almost no price difference. "Which means that these promotions go a long way in controlling food costs if consumers are careful," Volpe says.

Consumers can be smart shoppers in several ways. Look for weekly deals, stick to generic labels when possible, stock up on sale items and sidestep brand loyalty. Even before shoppers hit the stores, they can find ways to save money by taking a peek in their pantries and planning a grocery list around what they already have.

Grocery prices may always fluctuate, but you can use your newfound weapons to fight food inflation.


Slide 6 of 6
Previous

 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed, 0 point 4.32%  0.06 4.26%
15 year fixed, 0 point 3.36%  0.09 3.27%
5/1 ARM 3.37%  0.10 3.27%
 
View Rates in your area Search
Product Rate Change Last week
30K FICO-based HELOC 4.74%  0.01 4.75%
50K FICO-based HELOC 4.51%  0.01 4.50%
100K FICO-based HELOC 4.24% --0.00 4.24%
 
View Rates in your area Search
Product Rate Change Last week
60 month used car loan 2.86%  0.20 3.06%
48 month used car loan 2.79%  0.40 3.19%
60 month new car loan 2.94%  0.10 2.84%
 
View Rates in your area Search
Product Rate Change Last week
1 Year CD 0.90%  0.02 0.88%
2 Year CD 1.02%  0.01 1.03%
5 Year CD 1.59%  0.01 1.60%
 
View Rates in your area Search
Product Rate Change Last week
Balance Transfer Cards 15.71%  0.01 15.70%
Cash Back Cards 16.36% --0.00 16.36%
Low Interest Cards 10.91% --0.00 10.91%
 
Search
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us