RETAIL AND WHOLESALE FOOD PRICES CLIMB

WASHINGTON (FNS) -- Pushed by rising dairy and meat costs, retail and wholesale food prices continue to swell.However, several economists told SN they are sticking to a year-end and 1997 forecast of about a 4% increase, well above levels in 1995, when retail food prices increased 2% and wholesale food prices were up 1.9%.Prices for food sold at grocery stores climbed a seasonally adjusted 0.5% in

WASHINGTON (FNS) -- Pushed by rising dairy and meat costs, retail and wholesale food prices continue to swell.

However, several economists told SN they are sticking to a year-end and 1997 forecast of about a 4% increase, well above levels in 1995, when retail food prices increased 2% and wholesale food prices were up 1.9%.

Prices for food sold at grocery stores climbed a seasonally adjusted 0.5% in August vs. July levels, according to the Labor Department's monthly Consumer Pr

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TAGS: Dairy