Sentences with phrase «food inflation forecast»

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.

Not exact matches

Higher prices paid to farmers, combined with lower imports, may increase grocery and restaurant costs for baked goods and cereals as much as 4 percent next year, the U.S. Department of Agriculture said Tuesday in its first forecast of food - price inflation for 2018.

U.S. food - price inflation may top the government's forecast as higher crop, meat, dairy and energy costs lead companies including Nestle SA, McDonald's Corp. and Whole Foods Market Inc. to boost prices.

CPI inflation in year - ended terms should stay in a narrow range around this profile over much of the forecast horizon, though volatility in oil and food prices over the past year will continue to have some effect on the year - ended figures in future quarters.

The other preferred measure for core inflation, HICP less energy and unprocessed food, came in 1.1 % year - on - year, which is also still in - line with the ECB's 2017 forecast of 1.1 %.