Grocery prices to edge downward in 2024, says USDA forecast
After two years of higher-than-normal grocery inflation, retail food prices are headed for their first year-over-year decline since 2017, said USDA economists on Thursday. Grocery prices would be an average of 0.4 percent lower this year than in 2023, led by falling prices for pork, eggs, fresh vegetables, and cereal and bakery products. For American… » Read More
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