Supermarket Prices to Post Annual Decline for First Time in 49 Years

Posted on 03/09/2017 10:19 AM
The Consumer Price Index (CPI) for all food climbed 0.1% from September to October, but food prices are still down 0.4% from year-ago levels, according to USDA's Economic Research Service (ERS). It details that while the food-away-from-home (restaurant buys) CPI rose 0.1% in October to stand 2.4% above October 2015 levels, the food-at-...