Relevant:
- Wholesale prices rise 1.6 pct. due to biggest jump in food costs in more than 36 years
- China's January Inflation Data Today Cuts Food Weighting, Newspaper Says
- U.S. Food-Inflation Forecast Raised to 3.5%-4.5%
- Food inflation seen back on the table as prices rise
- China Consumer Prices Rise Faster-Than-Estimated 3.6%
2010-04-23 — inflation.us
"The Bureau of Labor Statistics (BLS) today released their Producer Price Index (PPI) report for March 2010 and the latest numbers are shocking. Food prices for the month rose by 2.4%, its sixth consecutive monthly increase and the largest jump in over 26 years. NIA believes that a major breakout in food inflation could be imminent, similar to what is currently being experienced in India."
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