Sentences with phrase «food inflation ran»
Not exact matches
In March, the Fed said that inflation excluding food and energy had «continued to run below 2 percent» on a 12 - month basis.
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Excluding food and energy, the PCE price index rose 0.2 %, which further indicates that inflation is still running at a modest level.
On a 12 - month basis, inflation has declined recently and, like the measure excluding food and energy prices, is running somewhat below 2 percent.»
Two months ago, stripping out food and energy, the year - over-year rate of «core» CPI inflation was running at 2.7 %.
A supermarket food price war and lower petrol price inflation are expected to have brought the headline consumer price index measure of inflation down for the sixth month running in March.
On a 12 - month basis, inflation has declined recently and, like the measure excluding food and energy prices, is running somewhat below 2 percent.»
As of May 2014, food price inflation was running at 2.46 % (year over year) and possibly heading above 4 % by late 2014 or early 2015.
Even with higher prices in January, core inflation (which excludes food and energy prices) is running at only 1.8 %, still below the Fed's 2 % target rate.11
Food price inflation is running.