Key inflation metrics reflect a more-than-tolerable range of inflation that requires no further tightening of monetary policy. … READ MORE >
food prices
Canadian inflation ticks up but underlying data may bode well for interest rates
Canada’s July inflation figures are a somber reminder that the road back to 2% will take time and patience. … READ MORE >
Producer prices ease as energy costs fall
Prices paid to domestic producers deflated for the second month in a row as energy prices continued to fall and food prices remained unchanged. … READ MORE >
CHART OF THE DAY: U.S. food prices likely past pandemic peak
Food prices increased by 3.5% in March, according to recent government data, and those increases are likely to become more muted as global supply chains move back toward full production in the near term. … READ MORE >
CHART OF THE DAY: Rising food costs catch up with grocers
The producer price index for final demand foods increased by 4.4% in February from the year before, outpacing the 3.6% increase in the consumer price index for food at-home purchases. … READ MORE >
CHART OF THE DAY: Middle market retailers pay close attention to inflation as pandemic progresses
Many RSM clients have reported that inflation has been, and continues to be top of mind for them. The data supports what we’ve heard. Throughout the pandemic, the cost of food at home has been the mirror image of the Consumer Price index. … READ MORE >