consumer prices

Wheat Product Inflation Outpaced Food Price Inflation in 2022
Wheat Product Inflation Outpaced Food Price Inflation in 2022
According to the Consumer Price Index, consumer prices for wheat-based products were up substantially in 2022 compared to 2021.  ERS reports that the prices of various wheat products were up more than 10% from 2021.  The increase outpaced the inflation rate in the broader "all food" category, which was up 9.9%, more than ...
What is Pushing Prices Higher?
As food prices continue to spike, President Biden is hopeful his antitrust push may help consumers. However, others argue too much spending and inflationary federal policies may mean no relief in the short term. President Biden recently said his antitrust efforts will boost competition in agriculture, helping more farmers while reducing food inflation, which is now up 3 ...