date:May 26, 2014
cts will see some relief, however, since global prices for sugar and coffee remain low, USDA said.
The agency forecast prices of sugar and sweets to rise by 1 percent to 2 percent in 2014 and prices for non-alcoholic beverages to rise by 1.5 percent to 2.5 percent. Both forecasts were lowered this month.
It appears supermarkets are maintaining minimal price inflation on packaged food products, possibly in an effort to keep prices competitive in light of rising cost pressures for most perishabl