Items Tagged with 'prices'

The Food Industry Association released a research that explains how the COVID-19 pandemic has affected grocery prices more than nearly any other category of consumer spending. In April, the Consumer Price Index for food at-home posted its largest monthly increase since February 1974 and grocery prices are up 5.6% for the period June 2019 to June 2020.

Against tough competition from other sandwiches and flat to declining restaurant traffic, burgers ordered at U.S. restaurants and foodservice outlets had a banner year in 2014, finds foodservice market research from The NPD Group, a leading global information company. There were 9 billion servings of burgers ordered at U.S. restaurants and foodservice outlets last year, an increase of 3 percent compared to prior year, according to NPD’s ongoing foodservice market research.

Taste perception and feelings of overeating and guilt can be manipulated by price alone.

However, when consumers consider a restaurant's value equation, they are thinking about much more than just price.

Despite the “Meatless Monday” movement and foodservice operators’ heightened focus on offering vegetarian options, American consumers say that about four out of five meals eaten at home or away contain meat.

Food prices in the U.S. this year are expected to increase between 3-4%, according to estimates from both the U.S. Department of Agriculture and the nation’s largest farm group.

A deal approved by the U.S. Congress to avoid the automatic tax hikes and spending cuts known as the "fiscal cliff" also includes measures to avert the "dairy cliff" -- a steep increase in milk prices.

Supermarkets are over-promoting fatty and sugary products using special offers and price reductions, according to a study.

As the widespread drought continues to damage grain crops across the Midwest, consumers could soon be facing steeper bills at the grocery store.