The food-at-home CPI for the fourth quarter of 2014 was 3.5 percent higher than the food-at-home CPI for fourth quarter 2013, as all at-home food categories increased in price, some over 5 percent. Lower than average inflation for fats and oils, cereals and bakery products, fresh vegetables, and nonalcoholic beverages partially offset higher inflation for most meats, fish and seafood, fresh fruits, dairy, and eggs. The 18.2-percent rise in retail beef and veal prices represents the largest year-over-year increase since the first quarter of 2004.
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