Grocery store food prices higher in fourth quarter 2017 from a year ago
The food-at-home CPI rose 0.7 percent from the fourth quarter of 2016 to the fourth quarter 2017. Grocery store prices increased for many at-home food categories, with the largest increases for eggs, pork, and fresh vegetables. The 6.7-percent rise in egg prices reflects the industry’s price recovery from lows in late 2016 and early 2017 due to increased production. Two categories did continue to decline in price during this time period—prices for cereals and bakery products fell 0.7 percent and dairy prices dipped 0.3 percent.