Economics
Rising Beef, Pork, and Egg Costs Make Food Inflation Hard to Escape
With soaring energy prices contributing to increases, the trend is not likely to reverse soon.
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U.S. food inflation rose at the fastest pace in four decades in the 12 months through January. With commodity prices and transport costs still rising, households may not get any relief soon.
Double-digit increases for everyday staples such as oils and eggs make food inflation hard to escape.