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Retail Food Prices Surge While Wholesale Prices Plunge

July 17, 2020
by The Ashton Report
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Written by The Ashton Report
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Food prices at grocery stores and restaurants rose sharply in June, according to the latest Consumer Price Index data from the Bureau of Labor Statistics. Meanwhile, wholesale food prices dropped dramatically across all stages of demand and production, per the latest producer Price Index numbers.   Food-at-home prices rose another 0.6% in June, following increases…

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