We went by Sam's Club today to purchase a few things, and one of them happened to be the five pound bag of shredded mozzarella cheese. I noticed immediately that the price had gone up since I bought it last month. I keep all of my Sam's receipts in one of those ten cent spiral notebooks, so I can keep track of the prices.
These are my receipts for the last year:
June 23, 2010 - Paid $10.37
March 23, 2011 - Paid $11.29
April 22, 2011 - Paid $12.98
So, in nine months time the mozzarella cheese has increased in price by $2.61, which is a price increase of more than 25%. Since I bought the cheese in March the price had increased by $1.69, which is a 13% increase in just one month. I've been reading about grocery prices increasing with increased frequency, and today I had tangible proof and wanted to share my findings with my readers.