The latest CPI report shows food prices continued their slow uptick in September with another 0.1% increase. The small rise brought the unadjusted 12-month increase up to 1.2%.
Food away from home continues upward swing
The cost of eating away from home has been consistently rising over the past few months. With another 0.3% increase in September, the unadjusted 12-month increase is up to 2.4%.
Food from home remains steady
Of the six major grocery store food group indexes, three rose and three fell.
- Dairy -0.6%
- Meats, poultry, fish, and eggs -0.4%
- Fruits and vegetables -0.2%
- Nonalcoholic beverages +0.4%
Cereals and bakery products and other food at home increased in September as well.