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Wholesale Food Prices Surged In December; USDA Predicts Moderate 2019 Food Price Inflation


Wholesale food prices spiked in December, according to data from Bureau of Labor Statistics’ Producer Price Index. Wholesale prices at the final demand stage jumped 2.6% month-on-month following a 1.3% increase in November and a 1% rise in October. Prices for all wholesale foods rose 2.1% and are back in positive territory at 1.7% for…

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