Items Tagged with 'Bureau of Labor Statistics'

Poultry farms in California, Utah, Oklahoma, Tennessee and much of the Midwest are seeing a resurgence of highly pathogenic avian influenza cases, sending egg prices upward in the holiday season. 

The cost of groceries rose 0.1% for the second month in a row in July, led by increases in the cost of beef, eggs, milk and fresh produce. Consumers continue to see significantly more inflation when they're eating out.

The cost of eating at home was unchanged for the second straight month in March as lower prices for dairy and grain products offset higher costs for beef, pork, chicken and eggs.

President Joe Biden took on food companies over pricing and forcefully challenged Republicans and Donald Trump over the border, the economy, China and other issues in the last State of the Union address of his term.

Grocery prices rose just 0.1% in December for the second month in a row and are up 1.3% year over year as food inflation continues to moderate, according to the latest Consumer Price Index.

Supermarket prices ticked up 0.3% last month, driven by a jump in the cost of beef as well as increases for some fruits, vegetables and dairy products, according to the monthly Consumer Price Index.

If you think hiring good employees for food and agricultural jobs is difficult now, the data doesn’t indicate it’s going to improve anytime soon. Understanding generational differences in today's labor makeup will help ag companies weather the tight labor market.

Shoppers saw more relief at the grocery store in April as prices fell another 0.2%, driven by declines in dairy products, pork, eggs, and some fruits and vegetables.

Supermarket prices rose 0.4% in January, the lowest monthly increase since December 2021, as food inflation continued to slow.