US food price inflation outpaced C.P.I. from 2006-12
date:Aug 28, 2013
res as a percentage of disposable personal income have consistently followed a downward trajectory since the 1930s, when food consumed about 25% of disposable income, to current levels hovering slightly below 10%. Economic developments since 2006, though, have made for volatile increases in food price inflation. During the 2006-2012 period, the all-food C.P.I. climbed nearly 20% or an average of 3.3% annually much faster than the all-items C.P.I., which rose only 14% over the same six years, t
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