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USDA now sees grocery store prices flat in 2017

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While overall food price inflation for 2017 is forecast to be 0.5 percent to 1.5 percent, USDA now expects food at home (grocery store) prices to essentially be flat for the year based on their forecast range of down 0.5 percent to up 0.5 percent, according to an update from the Food Price Outlook released Economic Research Service (ERS).


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