Hurricane price increases haven't materialized

November 2005
Food Processing (00156523);Nov2005, Vol. 66 Issue 11, p13
The article reports on the effect of Hurricane Katrina on consumer package goods (CPG) prices in the U.S. While there was much speculation that the hurricane would drive up CPG prices, a study by Information Resources Inc. in Chicago, Illinois found that prices actually declined in the month after the incident. Katrina did drive up fuel costs but the industry has not passed on increased fuel costs to consumers.


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