It’s a new year and some of the daily items we buy will see a price increase. Mark LoCastro, a shopping expert from DealNews.com sheds light on why things will cost more this year. We are talking about items that we can’t live without like coffee, chocolate, and bacon. One of the main reasons for this increase is that demand has outstripped supply. Another issue is mother nature and drought. But it’s not all doom and gloom, we will see items like gas prices on the decline. This is great news for consumers because they end up with more money in their pockets. Which could put momentum into retail sales and the stock market. Check out LoCastro’s full list.
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