ERS Expects Even Greater Supermarket Food Price Deflation in 2016

Posted on 03/09/2017 10:19 AM
The all-items Consumer Price Index (CPI) dipped 0.2% from October to November to stand 1.7% above year-ago levels, according to USDA's Economic Research Service (ERS). The CPI for all food fell 0.3% in November to stand 0.4% below year-ago. While the food-away-from home (restaurant purchases) CPI was up 0.1% in November and is 2.3% hig...