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April Brings Another Rise in Food Prices: CPI Report

groceries

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April’s food prices increased by 0.3%, according to the latest CPI report.

Food at home experienced its most significant increase since March 2017, rising 0.3%. Steep increases in beef (+ 1.3%) and egg (+ 7.1%) indexes contributed to the upward swing.

Overall, here’s how grocery store food indexes fared in April:

In the 12 months, the index for food at home has risen by 0.5%. Only one of the six grocery store indexes — meat, poultry, fish, and eggs — increased (3.5%) in the past year.

Food away from home rose by 0.2% after another small bump (0.1%) in March, bringing the 12-month unadjusted index change to 2.5%.

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