Wholesale Food & Commodity Prices [August 19, 2008]
Wholesale Food Prices Registered a Modest Gain in July; Still on Pace for Their Strongest Growth in 29 Years
Wholesale food prices posted a relatively modest increase in July, after two consecutive strong monthly gains, according to preliminary figures from the Bureau of Labor Statistics. The wholesale food price index edged up 0.2 percent in July, after posting sharp gains of 1.2 percent and 1.7 percent in May and June, respectively... More »
Wholesale Food & Commodity Prices [August 19, 2008]
Wholesale Beef Prices Rose Sharply for the Third Consecutive Month; Prices for Fats and Oils Continue to Soar
On the commodity level, prices were generally higher in July. Wholesale prices for fats and oils continued to rise steadily, jumping 2.6 percent in July, their 17th consecutive monthly increase. In total during the last 17 months, wholesale prices for fats and oils soared nearly 79 percent. Rice prices continued their steady rise in July... More »
Menu & Consumer Prices [August 15, 2008]
Menu Prices Post Strongest Single-Month Gain in 18 Years; Grocery Store Prices Grew Twice as Fast
Although menu prices registered their strongest monthly gain in 18 years, they only increased half as fast as grocery store prices in July, according to data from the Bureau of Labor Statistics. Menu prices increased 0.6 percent in July on a seasonally-adjusted basis, up from a 0.5 percent gain posted in June... More »
Menu & Consumer Prices [August 15, 2008]
Quickservice Menu Price Growth Outpaced Fullservice Restaurants in Recent Months
Within the food-away-from-home sector, quickservice menu prices jumped 0.8 percent in July, while fullservice prices gained 0.5 percent. July marked the continuation of a trend of stronger quickservice menu price growth... More »
Menu & Consumer Prices [August 15, 2008]
Menu Price Growth Strongest in the Midwest
Restaurants in the Midwest led the nation in menu price growth in recent months. In the 12 months ending July 2008, menu prices in the Midwest increased at a 5.3 percent rate – more than a half percentage-point above the 4.6 percent menu price gain on the national level... More »
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