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Annual inflation falls to 2.9 percent in July

- General News
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, after declining 0.1 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.9 percent before seasonal adjustment.

Report: Restaurant service fees continue to grow, wages stay above inflation

- General News
Square released the latest edition of its Quarterly Restaurant Report, which uses data across Square’s food and beverage sellers to examine dining trends, along with shifts in consumer spending and restaurant wages.

FTC to investigate high grocery prices

- General News
The U.S. Federal Trade Commission plans to investigate why grocery prices remain high, even as the pace of inflation has slowed.

Annual inflation remains 3% but fresh produce down 1%

- General News
The fresh fruits and vegetables index dropped 0.5 percent over the past 12 months and dropped 1.5 percent from May to June.

The Produce Reporter Week in Review – June 28, 2024

- Analysis
Pamela's on vacation but the Week in Review must go on. Save Mart has a new owner, Independence Day BBQ parties cost more and consumers are getting fed up with inflation, but many retailers are promoting big sales for the holiday.

Farm Bureau: Record-high July 4th cookout costs as inflation hits the backyard

- General News
Americans will be gathering on the Fourth of July for a day of fireworks, food, parades and more. But as you celebrate with your friends and family this Independence Day, your cookout bill will be a bit higher.

Rabobank: Consumers battle fatigue over food inflation

- General News
When it comes to their stamina for paying historically high food prices, U.S. consumers are gassed, according to a Rabobank BBQ Index report.

Americans use money-saving strategies when dining out, research shows

- General News
With dining costs on the rise, Americans are getting creative to save a few bucks when eating out, according to the latest research from Lightspeed Commerce Inc., the one-stop commerce platform empowering merchants to provide the best omnichannel experiences.

Changing shopping trends presents opportunity for fresh produce marketers 

- General News
Pandemic and generational inflation has caused American grocery shoppers to change their behaviors, said Circana's Jonna Parker during a Foundation for Fresh Produce webinar.

U.S. consumer confidence rose in May

- General News
The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' assessment of current business and labor market conditions—increased to 143.1 (1985=100) in May from 140.6 in April.