WASHINGTON (FNS) -- The Consumer Price Index for food and beverages rose 0.1% in April, after a 0.2% drop in March, according to Labor Department statistics released in mid-May. Over the year, the CPI for food and beverages is up 2.3%. "We've had no inflation to speak of for so long, but the fact that energy prices have gone up has given a lot of people a protective coloration," said Maureen Allyn, chief economist at Sudder Kemper Investments. "People and companies think 'the gas pump ...
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.