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Families forced to re-budget as food prices soar

Government data is backing up what shoppers already know. Grocery prices are up to the tune of 13.5% since last year.

From the meat counter to the bread aisle, trips to the store are more expensive these days.

Government data is backing up what shoppers already know. Grocery prices are up to the tune of 13.5% since last year.

Egg prices jumped nearly 40%. It you want milk, it will cost 17% more than last year and the cost of bread is up more than 16%.

RELATED: Driven by consumers, US inflation grows more persistent

Economist Joe Brusuelas said that prices are making matters worse for struggling families. 

"Their own personal finances, which largely can be translated into personal disposable income. Well, that's falling in real terms," said Brusuelas.

There’s also sticker shock at the meat and poultry counter. Chicken prices are up nearly 17%. Meat and pork costs are also up almost 7%.

Reworking budgets is what a lot of families are being forced to do.

"I'll look at my bank statement, figure out what's going on, jot it down and then sort of go through and see what I can cut," said author and financial planner Michelle Singletary.

RELATED: As gas prices drop, cost of food and housing stay high

Singletary wrote the book "What To Do With Your Money When Crisis Hits” and has a tip for anyone trying to save a little right now.

"Take cash to the grocery store,” Singletary said. “Take cash to even fill up your car because you will find you drive less because you're thinking I just spent $50 that $50 out of your hand."

Going out to eat is getting even more expensive too. Government data shows restaurant menu prices jumped 8% since last year.

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