Sentences with phrase «year food inflation»

The year - on - year food inflation rate for the current month stood at 9.3 percent higher than what was recorded in October 2016 which recorded 8.7 percent, as it inched up by 6 percent.

Not exact matches

Each year the company raises its menu prices to cover increasing food costs, but it generally keeps those price hikes below the rate of inflation for «food away from home» to stay competitive.

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.

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 festivityear on year and most likely a sign of increases ahead of Lunar New Year festivityear and most likely a sign of increases ahead of Lunar New Year festivitYear festivities.

Food inflation could force the overall inflation rate to much higher levels as we enter a new decade in less than two years.

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.

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.

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 %.

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.

You can see our comparison of several key inflation measures, including the two - year «breakeven inflation rate», the Consumer Price Index (CPI) and the CPI excluding food and energy, in the chart below.

The rise in inflation in 2007 and into the early part of this year was not confined to food and energy, even though higher energy costs certainly were at work.

BEIJING (AP)-- China's inflation accelerated to 2.3 percent in February, driven by a jump in food prices, but fell below the government's official target for the year.

The most welcome news was that the core consumer price index (CPI)-- which excludes food and energy — rose 2.3 percent year - over-year in February, representing the fourth straight month of inflation and the highest rate since October 2008.

Inflation is higher than the core CPI indicates for a wide number of reasons, but the simplest one is that they exclude food and energy, whose prices have risen at faster than everything else for the past 10 - 20 years.

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.

Notably, the year - over-year rate of core consumer inflation (excluding food and energy) ticked up to 2.1 % in March, the highest in more than a year.

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.

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).

Having reached a trough of around 1 per cent in late 2003, core CPI inflation (which excludes the volatile food and energy components) increased to 2.3 per cent over the year to March (Graph 5).

In fact, realized inflation is decelerating: Core consumer prices, excluding food and energy, are down to 1.9 % year - over-year, the slowest rate since late 2015.

Food prices ought to spike next year, which will continue to place upward pressure on inflation.

-- «The year - on - year rate of change in the CPI (all items less fresh food) is likely to continue on an uptrend and increase toward 2.0 %, due mainly to an improvement in the output gap and a rise in medium - to - long term inflation expectations.»

Two months ago, stripping out food and energy, the year - over-year rate of «core» CPI inflation was running at 2.7 %.

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.

«Fed officials have for years cited «core inflation,» a measure that excludes food and energy prices.

The NRA reported that the general state of the economy made it difficult for many restaurants to build and maintain sales volumes, while wholesale food price inflation reached its highest rate — 8 percent — in 30 years.

A number of studies are now linking food losses and waste to rises in inflation, food security, resource inputs and climate change as the global food industry experiences its third bout of inflation in five years due to poor agricultural harvests in the US, Russia and South America.

Despite the recent media scare around soaring food prices, Kantar Worldpanel still expects grocery price inflation to be held to around 4 % by the year - end.

If food and gas prices were included in the CPI, the rate of inflation would be closer to 10 percent, and, at that rate, the net purchasing power of earnings in ten years would be less than the initial investment, meaning you would have lost money.

Rates are only going up in years to come, which contributes to food inflation.»

In recent years, public debate about the competitiveness of the supermarket sector has been focused on concerns about food price inflation and grocery prices being too high.

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.

The food and non-alcoholic beverage group also recorded a year - on - year inflation rate of 6.7 percent, a 0.6 percentage point higher than the March rate.

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.

Inflation is the reason that you'll pay more for housing, food, clothing, or a new car today than 10 years ago.

It's really the second year of strong fresh - food inflation,» said Weston while recapping the company's third quarter results.

The other preferred measure for core inflation, HICP less energy and unprocessed food, came in 1.1 % year - on - year, which is also still in - line with the ECB's 2017 forecast of 1.1 %.

This may not occur until closer to the middle of the year, when the Bank of Japan decides to provide more financial support for the expansion in addition to extra insurance around its 2 % inflation goal (excluding fresh food and the retail sales tax).

and with respect to food and energy, yes, they are more volatile, but also over the last three, five, ten, and twenty years, inflation in food and energy has been higher than that of the core CPI.

-- A new report says the average household in Canada will spend $ 8,631 on groceries and restaurant meals next year, up by $ 345 because of food inflation.

Food prices ought to spike next year, which will continue to place upward pressure on inflation.

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.

Well, the anecdote dates from 17 years ago when cat food was much cheaper (I do not know what has fuelled the cat food inflation over the last decade but it's been nuts).

Separately, assistant central bank governor Yi Gang told a forum that he expected consumer inflation to remain steady at within 3 percent next year, as a good grain harvest this year meant pressure on food prices would be limited.

A spike in vegetable prices has fanned food inflation in India, where prices last month were 7 percent higher than a year earlier.