Sentences with phrase «says food price inflation»

One of America's largest restaurant owners says food price inflation and minimum wage hikes will mean a bigger bill at the end of your next meal out.

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.

It's likely Ontario's restaurant food inflation will continue to rise, he said, as price - sensitive restaurateurs realize they did not increase prices enough initially or learn they did not account for the costs of other new legislation, including new rules around vacation and holiday pay.

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.

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.

Sfakianakis expects Egypt's food inflation to continue rising in 2011 to reach about 20 percent year - on - year, and said it would be difficult for Egypt to curb prices because globally they are likely to remain high this year.

However, it said Canadian inflation, which the bank carefully analyzes when making rate decisions, was slightly below what it had anticipated, in large part because of lower food prices.

Statistics Canada said higher shelter costs and food prices also increased the inflation rate, while costs for health and personal care declined.

These people might be well - off, but they said food and energy prices have risen distinctly, and «core» inflation does not reflect their situation.

He said it's been a unique year for food prices, in which food inflation rates started above normal before entering into a period of deflation.

The hike comes as inflation remains below the bank's two per cent target, however it said it believes the recent softness is temporary, with the effects of food price competition, electricity rebates in Ontario and changes in automobile pricing expected to fade.

Conventional biofuels accounted for as much as 15 percent of food - price inflation from 2007 to 2008, the U.S. Congressional Budget Office said April 8.

Discounters, warehouse clubs and supermarkets are benefiting from inflation on food prices (see story on p. 20), On the flip side, restaurants are hurting, said Craig Macnab, chairman and CEO of National Retail Properties, Inc., an Orlando, Fla. - based single - tenant retail REIT.