Thursday, January 27, 2011

U.S. Consumer Seafood Prices Predicted to Increase for 2011

The U.S. Department of Agriculture's Economic Research Service has released its 2011 Consumer Price Index analysis for projections on food prices.

According to the index, U.S. consumer seafood prices are likely to rise from 3.5 to 4.5 percent in 2011 while
overall food prices are expected to increase 2% to 3% during the period.

Food purchased from grocery stores as well as food-away-from-home (restaurant) prices are forecasted to increase 2 to 3 percent.

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