The Food Institute is often asked for historical information on a variety of food products. Requests arise from all factors in the food industry, from growers and processors, to brokers, buyers, and investment & research firms.The information on retail and wholesale prices available in this publication can be utilized in a plethora of ways, and should hold a prominent place on the shelf - or in the database - of every player in the food industry, as it can be used for projects ranging from new business planning to price forecasting models.

The Retail & Wholesale Food Price Review, 2012 Edition, covering Producer Price Indices and Consumer Price Indices, reports on virtually every category impacting the food business. Data from the U.S. Bureau of Labor Statistics is captured in charts and graphs throughout the publication. Producer Price Index data are used widely by the business community, as well as government. They serve as an economic indicator, capturing price movements before they reach the retail level. They are also used as a deflator of other economic series for price changes and to translate those series into inflation-free dollars.The Consumer Price Index offers a way for consumers to compare what the market basket of goods costs this month verses a prior time period. The CPI affects nearly all Americans because of the many ways in which it is used. This research guide illustrates ten years of price index data and addresses:

How does the Producer Price Index differ from the Consumer Price Index?
How are PPI's used? How are they weighted?
How is an index interpreted?
How are PPI data and CPI prices collected and reviewed?
Is the CPI a cost of living index? Is it the best measure of inflation?
Whose buying habits does the CPI reflect?
What is the CPI "market basket"? How is it chosen?

Available in print and PDF versions for only $95, the Retail & Wholesale Food Price Review, 2012 Edition, serves as an invaluable source. Phone and email orders can be directed to Sue Antista at 201-791-5570, ext. 212