USDA Expects Low 2013 Inflation

WASHINGTON — The U.S. Department of Agriculture Economic Research Service’s August consumer price index (CPI) report forecast a low supermarket food inflation rate of 1.5% to 2.5% for 2013, and a slightly higher rate of 2.5% to 3.5% for 2014.

These rates are consistent with USDA’s July report forecast, when the agency dropped its 2013 inflation estimates.

“Most commodity prices other than those affected by the drought have seen moderate inflation

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