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Things that will cost more in 2012

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Last week, I posted about things that will drop in price in 2012.

Now, it’s time to discuss the ugly flipside: things that are expected to go up in price in 2012.

CNN.com has compiled a list:

1. Airfare: Airlines are making cuts and adding fees, but they’re still seeing year-over-year losses, which means less available flights and higher ticket prices.

2. Meat and fish: Demand is up – and so are production costs, which means price increases for consumers.

3. Coffee: wholesale coffee prices have risen 18 percent in two years, meaning that more than just Starbucks will probably be raising prices.

4. Gas: Yup. See this post.

5. Snail mail: The post office is looking for ways to cut costs and make extra profits – which means higher prices for guaranteed delivery. For example, starting on Jan. 22, the cost of a first-class stamp will rise to 45 cents.

6. Clothing: Like in the food industry, raw material prices are up, which means that consumers will most likely end up shelling out more for new duds.


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