Modest commodity inflation expected in 2014

Modest commodity inflation expected in 2014

Chicken prices to remain challenging, but not as high as past year

The outlook for 2014 commodity prices is “benign,” following runaway inflation that did not materialize in 2013, according to an analyst from Barclays.

“Food inflation concerns were paramount heading into 2013, with expected escalation through the year. But similar to the expected [same-store sales] recovery, neither came to fruition,” Jeffrey Bernstein reported in Barclays’ corporate and investment banking division’s December Commodity Cost Tracker

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