WASHINGTON Foodservice operators’ struggles with soaring commodity inflation were underscored Tuesday by the Labor Department’s report that record spikes in food and energy drove domestic wholesale prices for March to their second-largest monthly increase in 33 years. After declining 0.5 percent in February, food prices rose 1.2 percent in March as vegetables jumped 15.4 percent, milled rice climbed 8.7 percent and beef and veal increased 4.0 percent.Wholesale energy prices grew 2.9 ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?