The Struggle is Real: Affording Groceries in America
Regardless of when costs come down, consumer behavior has been altered and shoppers will continue to look for the best savings in 2024.
Tag: CPI
FI Fast Break audio news: Nov. 15, 2023
The latest Food Institute Fast Break news podcast touches on the evolution of self-checkout kiosks and customer service.
Food and Beverage Becomes Top Target for Cargo Thefts
As cargo thefts surge around the U.S., food and beverage commodities have become the top target, according to the latest CargoNet data. And the trend doesn’t show signs of slowing. CargoNet’s theft report revealed an …
Skyrocketing German Grocery Prices Seen on Soaring Inflation
How Much Inflation Can Consumers Handle?
Inflation at the grocery store continues to rise — and consumers are noticing. In fact, the CPI food at home index rose 7.4 percent over the last 12 months, according to The Bureau of Labor …
Experts Weigh In on 2022 Inflation Outlook
Inflation Eating Away at Food Industry Profits
Americans are feeling the effects of the pandemic in their pocketbooks, with inflation rising at its fastest clip in four decades. This morning, the Labor Department reported that the Producer Price Index for final demand …
Food Industry Execs: Inflation Could Worsen Yet
Overall CPI rose 0.4% in September, slightly ahead of estimates of 0.3%, with the indexes for food and shelter contributing to more than half of the monthly increase. The food price index climbed 0.8%, with …
How High Can Prices Go: Top Consumer Foods
As pandemic restrictions eased, pent-up consumer demand kept inflation elevated. In July, the overall consumer price index (CPI) rose 0.5%, a somewhat moderate gain relative to recent increases. Yet, over the past 12 months, price …
CPI Sees Largest One-Month Change Since 2008
The Consumer Price Index for All Urban Consumers increased 0.9 percent in June on a seasonally adjusted basis after rising 0.6 percent in May, the U.S. Bureau of Labor Statistics reported today. This was the …
Food Industry Financials: Inflation, KR, and more
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: inflation analysis, food commodities outlook, The Kroger Co. (KR) earnings digest, and more. …
Key Economic Measures Reflect Rise in Food Costs
Pandemic-related impacts on the global food supply chain have triggered a domino effect of price hikes, with producer and consumer prices consistently rising over the past 12 months, according to several economic measures. Key drivers …
Food Industry Financials: Inflation, CPB, and more
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: inflation analysis, earnings from Campbell Soup Company (CPB), Chewy, Inc. (CHWY), and more. …
Rising CPI and Spend on Importing Add to Inflation Unease
The Consumer Price Index increased 0.6% in May on a seasonally adjusted basis after rising 0.8% in April, the U.S. Bureau of Labor Statistics reported Thursday. Those numbers, plus concerns about spend on importing, are …
Food Industry Financials: Employment, SJM, and more
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: employment, earnings from The J. M. Smucker Company (SJM) and more. Is America …
Food Industry Financials: Inflation, CBRL, SAFM, and more
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: food inflation, earnings from Cracker Barrel (CBRL), Sanderson Farms (SAFM), Costco (COST) and …
Update: Inflation Cutting into American Spending
Consumers are clearly eager to get out and spend after being cooped up at home for over a year, but as costs continue to rise, how much they’re willing to buy is limited. BOOSTED SPENDING …
Survey: Rising Food Prices Have Consumers Changing Allegiances
Escalating food and grocery prices have many U.S. shoppers rethinking their loyalty to retailers and brands, according to a new survey by Inmar Intelligence. Although vaccines and looser business restrictions are making consumers eager to get …
Food Industry Financials: Inflation, TSN, ARMK, and more
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: CPI, PPI, small business optimism, Tyson Foods, Inc. (TSN), Aramark (ARMK), Utz Brands, …
Rising Food Prices Represent Awakening Risk in 2021
New data provided by the U.S. Bureau of Labor Statistics note that food prices are up due to demand. The food index rose in December, as both food at home and the food away from …
The Cost of Thanksgiving Dinner is Down This Year
Although overall food prices are on the rise, the average cost of a Thanksgiving dinner is down 4%, according to the American Farm Bureau Federation’s annual cost survey of classic items found on the Thanksgiving …