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IPFS News Link • Economy - Economics USA

Green Shoots of Price Inflation


US food price rise is steepest in decades ... Food prices in America soared at their fastest rate since the 1970s last month, a sharp reminder of the pressures facing the majority of consumers in the US. The cost of producing finished foods jumped 3.9pc last month from a year earlier, as harsh winter weather exacerbated the already increasing price of many basic ingredients used in food. The increase was the steepest since November 1974. – UK Telegraph

Dominant Social Theme: Price inflation? Where?