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Small Increase in March Food Prices: CPI Report

grocery shopping

Various groceries in shopping cart in grocery section of supermarket

Following a stable February, the food price index slightly increased in March. Food away from home and food at home both increased by 0.1%.

Of the six grocery store food group indexes, four rose and two fell. Fruits and vegetables saw another relatively sharp decline (-0.7%) after falling 0.5% in February.

Over the past 12 months, the cost of food at home has increased a modest 0.4%. The index for meat, poultry, fish, and eggs has had the most significant increase: 2.1%.

The cost of food away from home has risen by 2.5% over the past year.

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