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Wholesale Food Prices Nudged Higher In May, Menu Price Increase Slowed

Written by The Ashton Report

For the second time in three months, food prices at the wholesale level rose moderately in May, posting a 0.3% increase. Wholesale food prices for the 12 months are only 0.2% higher. Meanwhile, menu price increases moderated in May, rising only 0.2% versus April and are now running 2.9% ahead of year ago, compared to…

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