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That annual rate is trending below overall inflation (which accelerated to 2.7% last month) and landed at an average seen during 2008-2019, Bureau of Labor Statistics data shows.
The printfollows sticky inflation readings from other November datasets. Earlier this month, the core Consumer Price Index (CPI), which strips out the more volatile costs of food and gas, saw ...
The food index increased 2.4% in November over the last year, with food prices rising 0.4% month over month — proving to be a sticky category for inflation. The index for food at home rose 0.5% ...
“The food index also increased over the month, rising 0.4% as the food at home index increased 0.5% and the food away from home index rose 0.3%. The energy index rose 0.2% over the month, after ...
Overall food inflation grew 2.4% from a year ago and 0.4% from last month. Groceries prices specifically popped 1.6% in the month compared to last year and 0.5% in contrast to October.
On a monthly basis, prices rose by 0.3% after rising 0.2% for the prior four months. Economists were expecting inflation to pick up by 0.2% from October and record a 2.7% annual increase ...
Food inflation remained sticky in October as select items drove prices higher. ... The item saw a 30.4% year-over-year increase but a 6.4% decline month over month, the largest since April.
The food index increased 2.3% in September over the last year, with food prices rising 0.4% month over month — proving to be a sticky category for inflation. The index for food at home rose 0.4% ...