RETAIL FOOD PRICES INCREASE SLIGHTLY IN JUNE

WASHINGTON (FNS) -- Retail food prices in June increased a seasonally adjusted 0.1% against May, as prices for all consumer goods jumped 0.6%, the Labor Department reported last week in its Consumer Price Index.onomist with the U.S. Chamber of Commerce, said it's difficult to say whether the June report might trigger another interest rate increase by the Federal Reserve in order to further slow the

WASHINGTON (FNS) -- Retail food prices in June increased a seasonally adjusted 0.1% against May, as prices for all consumer goods jumped 0.6%, the Labor Department reported last week in its Consumer Price Index.

onomist with the U.S. Chamber of Commerce, said it's difficult to say whether the June report might trigger another interest rate increase by the Federal Reserve in order to further slow the economy and keep inflation in check.

The effect of higher energy prices -- the

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