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FMI Statement on April CPI Food Price Numbers
Today, FMI – The Food Industry Association commented on the April Consumer Price Index (CPI) numbers from the U.S. Bureau of Labor Statistics (BLS), which shows a 0.7% increase in food-at-home prices for April and a 2.9% increase over the last 12 months. FMI Vice President of Tax, Trade, Sustainability and Policy Development Andy Harig offered the following statement.
“The CPI numbers released today show a significant jump in food-at-home inflation. This was expected given global events, but nonetheless poses new challenges...
FMI Responds to November CPI Showing Continued Grocery Price Strain
The Food Industry Association (FMI) released a statement regarding the November Consumer Price Index (CPI) numbers issued by the US Bureau of Labor Statistics (BLS). The report, released earlier today, shows a 1.9% increase in food-at-home prices over the past 12 months.
FMI Vice President of Tax, Trade, Sustainability and Policy Development Andy Harig said the CPI numbers underscore the continued challenges grocery shoppers must navigate to get the most out of their grocery dollar. "Nevertheless, they remain resilient and savvy in the...
FMI Statement on August CPI Food Price Numbers
Today, FMI – The Food Industry Association issued the following statement in response to the latest Consumer Price Index (CPI) numbers from the Bureau of Labor Statistics, which shows a 0.6% monthly increase in food-at-home prices for August and a 2.7% rise on a year-over-year basis.
FMI Vice President of Tax, Trade, Sustainability and Policy Development Andy Harig stated, “The rise in grocery prices after remaining flat in July is likely a result of significant production cost increases in July flowing through the supply chain...
FMI Proposes Amendments and Extended Deadline for FDA Food Traceability Rule
Today, the Food Industry Association (FMI) submitted comments on the proposed changes to the Food Traceability Rule by the US Food and Drug Administration (FDA). Among the suggestions, the FMI requested extending the compliance deadline to July 2028, believing that its amendments would facilitate a more efficient implementation of the rule
“FMI is grateful for FDA’s recognition of the need to reduce the regulatory burden on the food industry by extending the compliance date for the Food Traceability Rule. We also strongly...
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