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In the last half decade, food price inflation was greater than overall inflation

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Since 2006, a series of interrelated factors—including spikes in prices for food commodities and energy, major weather events, shocks to global commodity markets, and the U.S. economic recession and subsequent recovery—have caused price inflation for food to outpace many other consumer spending categories. Between 2006 and 2013, the all-food CPI was up more than 21 percent. Only prices for medical care have risen faster than food prices.

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Last updated: Tuesday, February 11, 2014

For more information contact: Richard Volpe

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