Food inflation rate falls for 14th month in a row

The U.S. food inflation rate was 3.3 percent over the past 12 months, one-third of its peak in August 2022, said the Labor Department on Tuesday. The food inflation rate was down 0.4 points from the previous month’s annualized rate of 3.7 percent and down for the 14th month in a row. Over the past… » Read More

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