Wholesale Food Prices Rose Another 1.5% At Final Demand In April, As PPI Gains Remain In Double-Digits

Food prices at the final demand wholesale level rose 1.5% in April, as overall final demand prices for goods were up 1.3%, according to the latest Producer Price data from the Bureau of Labor Statistics. Final-demand food prices stood 16.3% higher in April this year vs. April 2021, up another 0.1 point from March. The…