Sentences with phrase «food inflation hit»

This month's Foodservice Price Index, produced by CGA and Prestige Foodservice, reveals that food inflation hit 7 % in the 12 months to July 2017, down from its previous level of 8.8 % in June 2017 and 9 % in May.

Not exact matches

It is worth noting that the core Consumer Price Index (excluding food and energy) stood at a year - on - year rate of 1.8 % in July, and that the Fed may be content to see inflation at least trending upward — without necessarily hitting 2 % in the near term — before deciding to act.

Inflation data published last week showed the headline personal consumption expenditure (PCE) inflation index hit a 2 per cent annual pace in the year to March and the Fed's preferred underlying measure, the core PCE which excludes volatile energy and food items, rose to 1.9 Inflation data published last week showed the headline personal consumption expenditure (PCE) inflation index hit a 2 per cent annual pace in the year to March and the Fed's preferred underlying measure, the core PCE which excludes volatile energy and food items, rose to 1.9 inflation index hit a 2 per cent annual pace in the year to March and the Fed's preferred underlying measure, the core PCE which excludes volatile energy and food items, rose to 1.9 per cent.

The Fed's preferred Personal Consumption Expenditures price index hit the two - percent target in March for the first time in nearly a year, while «core» inflation, which excludes volatile food and energy prices, was 1.9 percent.

As Maple Leaf commences its strategy to hedge incoming food inflation, previous reports on BakeryandSnacks.com suggest price squeezes won't hit manufacturers until September.

Increases in the price of food and energy have been above inflation - it is these price rises which hit the poor hardest.

U.S. food prices are rising at twice the rate of inflation, hitting the pocketbooks of lower - income Americans and people living on fixed incomes. . .