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News Flash: Bowl of Dry Cereal Costs 16 Percent More in 2008

  • The price of cereals and bakery items rose 15.9 percent in the first half of 2008. Hopefully one price analyst who thinks prices will moderate or fall by the end of the year is correct in his prediction, and until then there's always coupons. — CNN Money
  • SUVs are proving to be an expensive pain for dealerships and owners and some are comparing the situation to the housing market — flooded inventory and a lack of interested buyers. — The New York Times
  • Americans have cut back on driving by 53.2 billion miles since November. That beats the 49.3 billion decline more during the 1970s oil shock! — The Wall Street Journal

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Join The Conversation
4peachMoney 4peachMoney 8 years
Cereal is a rip off. I have learned to eat other things such as oatmeal or leftover pizza.
amygem amygem 9 years
Cereal is a staple of my diet and I really don't like paying more than 2.50 per box. I loaded up on Fiber 1 when CVS had it on sale 2 for 5 (regular price 4.49).
ilanac13 ilanac13 9 years
i've noticed that cereal really is getting to be more expensive and the size of the box is changing as well. you used to be able to get a larger box for a reasonable cost, and now - NOPE you're paying more for a smaller box. i guess it's a good thing that i've lost my interest in cereal for breakfast. as for the SUV thing - i've been hearing a lot about how there are so many sitting in the lots at dealerships becuase people can't afford the gas that it requires to fill the tank and all that. it's really a shame seeing as how SUVs were taking over the world just a few years ago (ok, maybe just taking over the road - but still....)
RosaDilia RosaDilia 9 years
Cereal is ridiculously expensive for the amount of cereal that is actually inside the box. I currently drive an SUV and I've only been driving it on weekends for errands and other outings. I was cosidering trading it in for a smaller car but the resale value on my car went down by over 40%. I'm just going to go ahead and trade it in for a newer model.
bigestivediscuit bigestivediscuit 9 years
Dude, cereal is seriously expensive.
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