Food inflation stunted by lower beef and pork prices

Americans will see a fourth year of smaller-than-usual increases in food prices, thanks to weaker beef and pork prices, says the monthly Food Price Outlook report. The USDA report forecasts a food inflation rate of 2 percent this year, nearly the same as the 1.9 percent of 2015 and the 20-year average of 2.6 percent… » Read More

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