Food Prices Were Stubbornly High Last Year
Beef, coffee, and produce were among the items that surged in price, inflation data showed.
Food prices climbed sharply in December, providing little relief to consumers at the grocery store and adding to the political pressure on President Trump to improve affordability.
The 0.7% jump in food prices from a month earlier was the largest one-month increase in grocery prices since October 2022. That was up from 0.2% in September, the last month the federal government released month-to-month inflation figures for after the shutdown disrupted data collection...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.