Market Briefs 8/17/2022
While gas prices in the U.S. are down in recent weeks, the rise in food prices at the grocery store continues uninterrupted.
Food prices in the U.S. soared in July. Overall food prices climbed 10.9% from a year earlier, the biggest increase since 1979, according to data published by the Labor Department Aug. 10.
On a month-over-month basis, food prices rose 1.14%, the most since April 2020. The cost of food ...
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