Mark Rizzo’s Post

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Upstate NY and NY Capital Region Market Leader, Wells Fargo

Drum roll on today's #ConsumerPriceIndex data. Good Morning America's Kelly McCarthy's interview with Wells Fargo Agri-Food institute's Dr. Michael Swanson pulls back the curtain on some important info: This is the first time in a while that consumers have spent more money on dining out than on groceries. When you buy food away from home, 70% of that is overhead and labor, so you're really only buying 30% of the food with the dollar that you spend. So, what does that mean for consumers and the future? Learn more here.

New inflation data could signal cheaper grocery prices, more discounts, expert says

New inflation data could signal cheaper grocery prices, more discounts, expert says

goodmorningamerica.com

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