Led by an intensifying price deflation in meat, the consumer price index for food at home continued to deteriorate during July — and contrast with inflationary conditions at restaurants.
According to the Bureau of Labor Statistics, food-at-home prices declined by 1.6 percent overall during the month, compared with a 1.3 percent decrease in June — the seventh sequential decline over the last nine months, the Bureau said.
Over the last 12 months, the food-at-home
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