Consumers show increased optimism about inflation cooling as food security improves, with many shoppers reporting greater diet satisfaction and some turning to local food sources like farmer's markets and home gardens, according to a recent Purdue...
The bosses of major food companies were pressed about increasing their profits as consumers struggled with food affordability. Dairy and agriculture industry reps were also questioned about the impact of inflation on farmers.
At-home food inflation slowed in November – up 0.3% from October, but consumers will continue to trim budgets even as prices stabilize, according to Information Resources, Inc. (IRI).