Retail food price inflation closely in line with economy-wide inflation
From 2013 to 2017, the all-food CPI rose 5.5 percent—a slightly higher increase than the all-items CPI, which was 5.2 percent higher over the same time period. However, food price increases were below the 10.5-percent rise in housing costs and 11.8-percent increase in medical care costs. Increased U.S. production of agricultural commodities, lower transportation costs, and a strong U.S. dollar has eased retail food price inflation over the last two years.
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