WASHINGTON — The index for finished consumer foods fell 1.4% in May, the largest decrease since a 2.4% drop in June of last year, according to the Producer Price Index report issued by the U.S. Department of Labor on Tuesday. Almost 40% of the May decline was due to drops in the prices for fresh and dry vegetables, which were down 12.2%. In addition, the index for "crude foodstuffs and feedstuffs" decreased 4.4% in May, with about a third of that decline attributable to a 5.8% decrease in ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.