Inflation

Food price increases are accelerating again:

In September, US food prices rose by 0.4% month-over-month, marking the largest increase since February 2023.

Notably, 5 out of the 6 major grocery store food categories saw a surge in prices.

Meats, poultry, fish, and eggs rose… pic.twitter.com/59GTn8FxRa

— The Kobeissi Letter (@KobeissiLetter) October 16, 2024