Wholesale food price inflation highest in 3 years: NRA
Year-to-date wholesale food prices are up 5.3%, the highest rate in three years, according to the National Restaurant Association.
The augmented prices are driven by high inflation of commodities like butter (39%), pork (22%), eggs (20%) and beef (18%).
Restaurants have not been passing all of the increased costs onto consumers. Year-to-date restaurant menu price inflation stands at 2.3%. In comparison, grocery store prices are up 2.2% this year and the general inflation rate stands at 1.7%, said the NRA.
The association related the wholesale price increases in its latest monthly Restaurant Performance Index report released on Monday. In October, the RPI was 102.8, an increase of 1.8% over September.
Read More: http://supermarketnews.com/retail-financial/wholesale-food-price-inflation-highest-3-years-nra#ixzz3Kv7kT7ty
Just in case anyone was not aware that prices are UP. 
= new reply since forum marked as read
Inflation is less than 2% according to the FED.
