Not exact matches
Each year the company raises its menu prices to cover increasing
food costs, but it generally
keeps those price hikes below the rate of
inflation for «
food away from home» to stay competitive.
Management cited inflating labor costs and an expected 1 %
inflation in the cost of
food as headwinds, but costs were
kept in check despite those challenges.
While this has been going on, however, Tesco has put pressure on suppliers to
keep prices down in an attempt to absorb some of the 3 %
food inflation forecast for the UK.
Whilst far below wider
food inflation rates, it was a timely reminder of the importance of increasing take up of healthy school meals if we're going to
keep them affordable for everyone.
Interest on funds deposited over time failed to
keep pace with
inflation and the increase of price of
food and goods required for everyday living reduced the buying power of retirement funds.
What with skyrocketing fuel and
food costs, the only thing that is
keeping inflation from going into orbit is the declining cost of housing and used SUVs.
(TNS)-- Consumer prices were unchanged in November amid declining energy and
food costs, but other data in the government's monthly report indicated enough
inflation to
keep the Federal Reserve on track for an interest rate hike this week.