Wholesale Food Prices Moved 0.4% Higher In April, The Third Consecutive Monthly Increase

Wholesale food prices rose 0.4% month over month in April, according to Bureau of Labor Statistics Producer Price Index data, released May 14. The “All Foods” index, which incorporates price movements at all three stages of demand and production, now stands 1.7% higher than a year ago. It was the third consecutive monthly increase and…