Price of Bacon Reaches All-Time High

The price of bacon had hit an all-time high, increasing 6.3% in one month, according to data from the Bureau of Labor Statistics (BLS).

From April to May, the average price for a pound of sliced bacon climbed from $5.69 to $6.05.

Over the past year, bacon increased 18.9%, rising from $5.09 in May of 2013 to $6.05 in May of 2014.

Each month, the BLS employs data collectors to visit thousands of retail stores all over the United States to obtain information on the prices of thousands of items to measure changes for the Consumer Price Index (CPI).