Grocery prices soar 10.8% as inflation remains high | NBWA: America's Beer and Beverage Distributors

Food-at-home prices increased 10.8% over the past year — the largest 12-month increase since November 1980 — according to Consumer Price Index (CPI) data for April released by the U.S. Bureau of Labor Statistics (BLS). The monthly food-at-home index rose 1% in April from the 1.5% increase recorded in March. Increases in the costs of food, shelter, airline fares and new vehicles were the most significant factors behind the annual CPI increase for all items of 8.3% in April, which is slightly down from the record-breaking inflation rate of 8.5% recorded in March.

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