|
Food Inflation Hits Record High, Prices Up Sharply on Beef, Chicken, Pork, Turkey, Eggs, and Fish
 [Breitbart] Putting food on the kitchen table has become much more expensive, squeezing household budgets at a time when many families are already stressed by the Delta variant surge hitting as kids go back to school.Food prices rose a full percentage point in August, up from six-tenths of a point in July, defying predictions that inflation would cool off, data from the Bureau of Labor Statistics showed Friday. Compared with a year ago, food prices are up 12.7 percent, outpacing the overall increase of 8.3 percent in the Producer Price Index. On an annual basis, that is the highest level of food inflation in records that go back to 2010. The monthly figure is the third-highest on record, following May 2020’s pantry-raid that emptied many grocery store shelves and February 2011. Posted by: Besoeker 2021-09-11 |
| http://www.rantburg.com/poparticle.php?ID=612299 |