The Retail Rundown: Grocery Inflation Eases, Protein Trends Diverge
The latest Consumer Price Index (CPI), released today by the Bureau of Labor Statistics (BLS), offered a modest reprieve for grocery shoppers in September. While the overall food index held steady, retail feature data reveal a more uneven picture across protein categories.
Food-at-home prices eased 0.1% in September, while the index for meats, poultry, fish, and eggs declined 0.5%, led by a 1.0% drop in beef prices. Still, the broader trend remains upward, as grocery prices were 1.8% higher than a year ago.
Foodservice inflation continues to run hotter...
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