date:Jul 28, 2014
Overall U.S. food inflation will remain nearbthe historic norm in 2014, even as prices for meat and seafood are pushed higherby disease and widespread drought, the U.S. Department of Agriculture said onFriday.
Prices for shelf-stable and processed items made by companies such asGeneral Mills and Kraft Foods Group are relatively flat.
It appears that supermarkets are maintaining minimal price inflation onpackaged food products, possibly in an effort to keep prices competitive inlight of rising