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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
May 18, 2008
Page
5
Shoppers say they are cutting back on spending and buying food in smaller amounts to avoid waste. They note tighter budgets and higher prices limiting daily purchases and forcing more careful shopping habits.
Amid a sagging economy, shoppers buy smaller sizes for meat mustard and other foods. Consumers like Lorraine Woodchcke report switching to 3/4 gallon milk jugs and 6 inch pies to control budgets while some fear price-driven waste. Data from Nielsen and retailers show downsizing even at the pump with fewer full-fill purchases.</s>
Washington report notes overall prices rose 0.2 percent in March while food surged 0.9 percent in the month. Gasoline fell 2 percent after seasonal adjustment, prompting questions about how government data reflects real prices faced by consumers. Analysts cite timing of seasonal factors and the distinct path of core items versus volatile fuel and food costs.
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