U.S. producer price index jumps on steep food inflation

WASHINGTON Foodservice operators’ struggles with soaring commodity inflation were underscored Tuesday by the Labor Department’s report that record spikes in food and energy drove domestic wholesale prices for March to their second-largest monthly increase in 33 years.

After declining 0.5 percent in February, food prices rose 1.2 percent in March as vegetables jumped 15.4 percent, milled rice climbed 8.7 percent and beef and veal increased 4.0 percent.

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