Sentences with phrase «food inflation in»

A spike in vegetable prices has fanned food inflation in India, where prices last month were 7 percent higher than a year earlier.
Food distributor Sysco (SYY), which reported 5.9 % food inflation in the latest quarter, has passed commodity price increases on to restaurants.
These figures simply show how Australian consumers are being punished by the grocery duopoly with some of the highest rates of food inflation in the developed world.

Not exact matches

The cheques do not have to be tied in the public's mind to the GST credit; call it the Canada Food Inflation Rebate (CFIR), but piggyback it off of the existing infrastructure provided by the GST credit program.
Excluding energy and food, inflation stood at 1.1 percent in October.
The so - called core - core inflation index, which excludes food and energy prices and is similar to the core index used in the United States, fell an annual 0.6 percent.
Core inflation, which excludes food and fuel, is expected to be up slightly in December by 0.2 %, primarily driven by the rising cost of rent.
A jump in food prices fueled faster consumer inflation in October.
That puzzle continued earlier Wednesday when Labor Department data showed consumer inflation, excluding food and energy, was lower than expected at 1.7 percent in the 12 months through November.
China's consumer inflation rate grew at its fastest pace in six months in October as food prices rose, while producer prices accelerated to a near - five year high, exceeding expectations.
White maize, the food staple, doubled in price last year, helping to fuel inflation.
China «s consumer price inflation slowed to its weakest pace in almost a year in August, pulled down by abating food costs, although an encouraging moderation in producer price deflation added to growing evidence of a steadying economy.
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.
When the company nudged up prices above food - away - from - home inflation in the first quarter of 2014 (a rare move for McDonald's), the average check grew, but the number of customers dropped.
«It would lead to inflation, price increases and in some cases shortages of food
Ontario restaurants hiking menu prices after the province raised its minimum wage this year were likely responsible for pushing January food inflation to its highest annualized increase in nearly two years.
Food prices may have been the biggest distorting factor in the February inflation data, gaining 6 percent year on year and most likely a sign of increases ahead of Lunar New Year festivities.
«The strength of the economy in both Quebec and Ontario, combined with low food inflation, currently favour the full - service supermarket, and we are pleased with the performance of the Metro banner in both provinces,» CEO Eric La Fleche said Tuesday during a conference call about its second - quarter results.
Arnold said this is the last phase of Chipotle's planned price increase and is a response to rising inflation in food and labor costs.
Total CPI inflation is tracking slightly below expectations because of temporary weakness in prices for gasoline, food, and telecommunications.
Food price inflation in the high teens soured moods further.
And indeed here in the United States we look at a range of different measures of core inflation, for example, that take energy and food prices out of the overall index.
Total CPI inflation has picked up in recent months but is slightly below expectations, largely because of lower food prices.
This turmoil has confirmed what our central banker, Mark Carney, said in his statement last week: that the economy is growing, in both Canada and globally, but the recovery is still fragile, especially in the US and the Euro - periphery, and that while food and gas prices have pushed up inflation, it should moderate from here.
Meanwhile, the same dynamic in digital food delivery could depress food inflation across the board; one of the nation's largest brick - and - mortar grocers is already poised to drop prices in response.
This sort of inflation tends to show up in expenditure categories such as food, energy, motor fuel and apparel.
Again, core inflation is actually above 2 %, inflation held in check by energy, and food and low interest rates up to now.
Food inflation could force the overall inflation rate to much higher levels as we enter a new decade in less than two years.
Anybody who lives in China knows that the real rate of inflation for food, housing, and income is well into the double digits.
Inflation excluding food and energy, however, has been quite moderate, in part due to very modest growth in unit labor costs.
If China is truly rebalancing, at least part of this is going to show up in upward inflationary pressure, although it is likely to be the «right» kind of inflation — i.e. it will hurt the rich more than the poor because it will be based on non-food rather than food items.
On a percentage of sales basis, we expect to see favorability from food and beverage expenses in the first half of the fiscal year as we wrap on elevated inflation that we experienced in the first half of fiscal 2012.
You won't find that someone at Goldman, where economist Ed McKelvey writes in the firm's US Economics Analyst that core inflation — excluding food and energy prices — should rise at a minuscule 0.5 % annual rate through 2012.
Every time you think inflation's gonna go higher, you see another development in transportation or energy or food that just presses down on it.
Now with those same - restaurant sales assumptions and accelerated new restaurant growth, we expect meaningfully stronger earnings growth in fiscal 2013 than we had in fiscal 2012, and that's because we were burdened in 2012 with food cost inflation headwinds that we don't anticipate in 2013.
They also expected inflation excluding unprocessed food and energy — the two most volatile components — at 1.0 percent, the same as in May.
In March, the Fed said that inflation excluding food and energy had «continued to run below 2 percent» on a 12 - month basis.
Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in June (3.2 %, stable compared with May), followed by energy (1.6 % compared with -0.2 % in May), services (1.4 % compared with 1.5 % in May) and non-energy industrial goods (0.7 % compared with 0.8 % in May).
Core inflation, which excludes the volatile movements in the prices of food and energy, however, remained unchanged at 2.7 percent from the previous month.
After stripping out prices for food and energy, which tend to be more volatile, prices rose by just 0.7 % in the 12 months to December — the lowest rate of «core» inflation since records began in January 2001.
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.
Eurostat also confirmed that the «core» rate of inflation — which strips out volatile items such as food and energy — fell to 0.7 %, its lowest level since records began in 2001.
Higher food and oil prices led to a marked increase in consumer price inflation throughout the region in mid 2004, particularly in Thailand, Singapore, Korea and the Philippines.
Except for occasional jumps in food and energy prices, which are deemed outside the so - called «core» rate of inflation, prices for most goods and services are largely viewed as under control.
Taking out food and energy, since 1994 core inflation has been in a range between 1.0 % and 3.0 %.
Core inflation (excluding food and energy) stood at 1 % in October, up from 0.9 % in September.
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.
In February the national headline CPI was +0.3 % yoy and core inflation (excluding food and energy) was +0.9 %.
Headline inflation in the 19 - country eurozone was just 0.2 % in the year to end - August, according to Eurostat, while core inflation (excluding food and energy) was 1 %, well off the ECB's inflation target of just below 2 %.
Stripping out taxes, inflation was 0.7 percent in January, according to the Spanish statistics institute, and 0.2 percent if fresh food and energy were also excluded, according to the Spanish measure.
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