As Food Prices Cool, Here’s What USDA is Projecting

Insights

In November, all food prices were measured 2.9% higher than a year ago, according to the latest Consumer Price Index. The USDA expects all food prices to rise 1.2% in 2024, with grocery prices forecast to decrease by 0.6%, though restaurant food prices are expected to rise by 4.9%. Read more here.

 

Author: The Packer