Food Prices Expected to Rise Through 2024

Recently released federal pricing analysis from the U.S. Department of Agriculture projects that food prices will continue to rise through 2024. The USDA pointed to the U.S. Bureau of Labor Statistics Consumer Price Index released earlier this month, which showed consumer prices overall rose 3.2% in the previous twelve months. Food prices, though rose more quickly at 4.9% during the same time. Now, USDA says that increase will continue.

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