Food inflation rate slows for first time in 16 months

U.S. food prices are 11.2-percent higher than a year ago, modestly lower than the inflation rate of the previous month and ending a string of month-over-month increases dating from June 2021, said the government on Thursday. At the same time, food costs at employee sites and schools skyrocketed by nearly 45 percent in September, “reflecting… » Read More

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