Already low, food inflation to slow in 2025, says USDA

Grocery prices will rise by a scant 0.7 percent in 2025, the smallest increase in seven years, said USDA analysts on Thursday in their first forecast of food inflation in the new year. Grocery price inflation was forecast at a below-normal 1 percent this year. “Food prices are expected to continue to decelerate in 2024,… » Read More

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