Food Price Outlook 2008
Food-Away-From-Home Inflation
Moves Higher
Food away-from-home prices are projected to rise as much as 4.5% this year, according to newly released forecasts from USDA’S ECONOMIC RESEARCH SERVICE, which if realized would be the largest jump since 1990. Meanwhile, overall food prices are seen rising as much as 5% this year, the same as anticipated for food-at-home prices – which also would be at 17-year highs....
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