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Food Inflation

Inflation: Are you feeling any better about the economy?

As of late May 2024, inflation in the United States is moderating but still higher than the Federal Reserve’s long-term target of 2%. The Consumer Price Index (CPI) for April 2024 showed an annual increase of 3.4%, down from higher rates seen in previous years but still impacting consumer prices noticeably​ (Bureau of Labor Statistics)​​ […]

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Inflation, Gas, and Food Prices on the Rise again!

Inflation, gas, and food prices all continued to rise in the United States on August 10, 2023. The Consumer Price Index (CPI), which measures inflation, rose 8.6% in the year ending in June, the highest rate since 1981. Gas prices averaged $4.72 per gallon, up 56% from a year ago. And food prices rose 10.4%, […]

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