Food inflation below 3 percent for third month in a row

The food price inflation rate edged lower, to 2.6 percent, in January, the third month in a row that food inflation was below 3 percent, said the Consumer Price Index report on Tuesday. The overall U.S. inflation rate was higher than expected at 3.1 percent. Aided by lower dairy, meat, fish, poultry, and egg prices… » Read More

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