Food prices increase

KNOX COUNTY – According to data released last week by the Bureau of Labor Statistics, inflation may be slowing, but food prices are still through the roof. Food costs spiked 11.4% over the past year, the largest annual increase since May 1979.

Americans browsing the supermarket aisle will notice most food items are far more expensive than they were a year ago. Egg prices have soared 39.8%, while fl…