The average price of a pound of ground beef climbed to another record high — $4.235 per pound — in the United States in January, according to data released today by the Bureau of Labor Statistics (BLS).
In August 2014, the average price for a pound of all types of ground beef topped $4 for the first time, hitting $4.013, according to the BLS. In September, the average price jumped to $4.096 per pound; in October, the average price climbed to $4.154 per pound; and in November, the average price climbed to $4.201 per pound. In December, the price declined slightly to $4.156 per pound. But in January 2015,ground beef hit the highest price ever recorded at $4.235 per pound.
A year ago, in January 2014, the average price for a pound of ground beef was $3.467 per pound. Since then, the average price has increased 22.2 percent in one year.