Posts Tagged ‘food inflation’

Consumer Price Index Up 0.6 percent in May

June 13th, 2008

A long list of consumer goods — led by food and fuel — rose at their fastest pace in six months, according to a Labor Department report released today.  The New York Times  (June 13, 2008)

Aldi and Save-A-Lot Benefit from Downturn

April 30th, 2008

Germany-based Aldi plans to open up 28 new stores in Tennessee in the next few years, while Supervalu-owned Save-A-Lot reported a 30% increase in net earnings for the 4th quarter.  Consumers are turning to these and other limited assortment stores in the face of sky-high food prices, which have increased across the board by 4% [...]