The British supermarket industry is set to experience a decrease in
food price inflation over the next...
Not exact matches
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.
Another important, although more temporary influence on
inflation recently has been a large rise in the
price of
food, which was up by 1.8 per cent in the December quarter, and by 3.4 per cent
over the year.
Consumer
price inflation in the euro area increased to 2.1 per cent
over the year to October, primarily due to higher
food and energy
prices; the core measure of
inflation is lower at 1.7 per cent (Graph 9).
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.
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.
It measures the changing
prices of everyday household goods and services like
food and energy bills, and shows how
inflation rises
over the years.