Food retail inflation is expected to persist at slightly lower levels through 2012, according to a forecast this week from the US Department of Agriculture (USDA).The USDA projected food-cost increases at retail of about 3% to 4% in 2012, slightly down from a projected 3.5% to 4.5% this year.
Prices at restaurants, expected to increase about 3% to 4% this year, are expected to increase less than that next year, about 2% to 3%.
No comments:
Post a Comment