Wholesale Food Prices Ticked Up In March While Menu Price Gains Smaller

After two months of declines, the Producer Price Index for all foods rose 0.3% in March, compared to February. The data comes from the Bureau of Labor Statistics. The small gain follows a 0.3% drop in February and a 2.3% decline in January, the largest single-month decline in nine years. Prices through March were 1.6%…