Back

Cal Poly Professor Predicts 2% Food Price Inflation for the Year

Agribusiness expert Ricky Volpe expects food prices to rise at a steady 2%, citing stable market fundamentals.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Inflation: The rate at which the general level of prices for goods and services is rising, eroding purchasing power.
  • Food Price Inflation: A measure of the change in retail food prices over time, influenced by supply, demand, production costs, and other factors.