Louisville, KY (September 29, 2011) – The latest Marketbasket Survey, conducted by the Kentucky Farm Bureau Federation in September 2011, indicates that average retail food prices in supermarkets across the state have stabilized during this last quarter. After reaching a record high for total price in June, the four-decade-old surveys third quarter review indicates that the total average price has now declined by 0.3 percent.
According to the survey results, the total cost of 40 basic grocery items was $117.06. This total reflects a decrease of $0.38, or 0.3 percent, over the same list of items reported in the second quarter of 2011. The third quarter 2011 Marketbasket total is, Continue reading Kentuckys Retail Food Prices Stabilize in Third Quarter Marketbasket Survey