Market Updates
Higher Food Prices May Last Beyond 2022
Hossain Akhtar
13 Apr, 2022
New York City
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The latest consumer prices and supplier price inflation reports showed a surge in food prices in March. Tuesday's report from the Bureau of Labor Statistics said food prices rose 8.8% in the month. Milk prices gained 13.3%, flour rose 14.2%, fruits and vegetables increased 8.5%. However, fertilizer prices are still rising and farmers are limiting planting and fuel prices are still going up.
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