Friday, April 11, 2008

Food CPI, Prices, and Expenditures
"The Consumer Price Index (CPI) for all food is forecast to increase 3.5 to 4.5 percent in 2008, as retailers continue to pass on higher commodity and energy costs to consumers in the form of higher retail prices. The CPI for food increased 4.0 percent in 2007, the highest annual increase since 1990. Food-at-home prices, led by eggs, dairy, and poultry prices, increased 4.2 percent, while food-away-from-home prices were up 3.6 percent in 2007."

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