Tag: inflation

The all-items Consumer Price Index (CPI), a measure of economy-wide inflation, increased by 0.9 percent from January 2022 to February 2022 before seasonal adjustment, up 7.9 percent from February 2021. The CPI for all food increased 1.0 percent from January 2022 to February 2022, and food prices were 7.9 percent higher than in February 2021.

In present circumstances, if a company experiences a cost increase of $1, how much can it pass on in increased costs to customers? Quite a bit, according to a survey of food and beverage industry executives.

Every indication that I can see, from all directions, point to a double-digit inflation rate over the next year.

The Consumer Price Index for All Urban Consumers increased 0.8 percent in February on a seasonally adjusted basis after rising 0.6 percent in January, the U.S. Bureau of Labor Statistics reported today.

Numerator, a data and tech company serving the market research space, has launched new inflation insights to provide an omnichannel view of rising prices.

The ninth wave of the dunnhumby Consumer Pulse Survey found that U.S. consumers are now more worried about rising food prices, the economy, and their own personal finances than they are with getting COVID.

Inflation rates have hit a year-over-year rate of 7.5 percent, according to the Bureau of Labor Statistics. This is a 40-year high. How have substantial price rises affected fresh produce demand over the past year?

With inflation significantly higher in fresh compared to frozen and ambient or shelf-stable categories, price-sensitive shoppers are buying less in meat, poultry and dairy, while still prioritizing purchases of fresh produce.

What will it cost to put out that appetizing spread for the Big Game this year? It will cost about 8% to 14% more than 2021, depending on whom you draft to be on your team for one of the biggest food events of the year.