Food inflation in the U.S. breaks 42-year record… and there’s no end in sight

The Consumer Price Index (CPI) exceeded expectations, rising by 8.3 percent in April as food inflation broke a 42-year record. Everything from meat to dairy to baby products and beyond is now up about 10.8 percent on average at grocery stores. And sadly, the situation is likely to get even worse in the coming weeks and months. The following breakdown shows the percentage at which food … Continue reading Food inflation in the U.S. breaks 42-year record… and there’s no end in sight