Food prices ease for the first time since 2020. Here's what's getting cheaper – KION546 - News Summed Up

Food prices ease for the first time since 2020. Here's what's getting cheaper – KION546


Fruits and vegetable prices fell 1.3%, and dairy products ticked down 0.1%. In the year through March, grocery prices jumped 8.4%, outpacing overall inflation of 5%. Menu prices went up 8.8% in that time. Over the course of the year, a number of grocery items notched large price increases. Food prices are affected by factors ranging from drought and flooding to fuel prices and international events like the war in Ukraine.


Source: CNN April 12, 2023 21:16 UTC



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