Comment on Consumers: Soon to feed through (price increases?)

Consumers: Soon to feed through (price increases?)

According to the British Retail Consortium, in-store food costs rose 2.5 per cent in July from a year earlier, up from a 1.7 per cent rise the month before. In the US, the deflation the Department of Agriculture was projecting as recently as July 25 for cereals and bakery products such as wheat will need to be put under review.

 

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