How much did food prices increase annually in the US last April?

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US Annual Food Price Inflation Reached 10.8 Per Cent in April

In April, the annual increase in food prices at home in the United States reached 10.8 per cent, marking the most significant yearly rise since November 1980. This figure reflects a broader trend of escalating consumer prices, though overall inflation experienced a slight deceleration compared to the preceding month.
Food at Home Surges Annually

The cost of food purchased for consumption at home saw a substantial year-over-year increase of 10.8 per cent by April. This substantial jump underscores the persistent pressure on household grocery budgets.
Meat, Poultry, Fish, and Eggs Show Steepest Gains

Within the food category, the index for meat, poultry, fish, and eggs experienced particularly dramatic inflation, surging 14.3 per cent. This represents the largest annual gain for this specific group since May 1979, indicating significant price hikes for essential protein sources.
Overall Inflation Slowed Slightly Amid Energy Declines

While food prices continued to climb sharply, overall US consumer price inflation saw a marginal slowdown in April, rising 8.3 per cent compared to the same period in 2021. This moderation was partly attributed to a decrease in energy costs, with gasoline prices falling 6.1 per cent in April from March, after a substantial 18.3 per cent surge the previous month.
Underlying Inflationary Pressures Remain

Despite the slight easing in headline inflation, the underlying trend indicated continued price pressures. Excluding volatile food and energy components, the consumer price index (CPI) increased by 0.6 per cent in April, a rate double that observed in March. This suggests that inflation remained broad-based across various goods and services, contributing to the annual inflation rate remaining at its highest level since early 1982.

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How much did food prices increase annually in the US last April?

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