Following December Decline, Wholesale Food Prices Rose 0.4% In January, Surging 7.6% Higher Than Year Ago

The All Foods component of the Bureau of Labor Statistics’ Producer Price Index rose 0.4% month-over-month in January, and through January stands 7.5% higher than January 2024. The BSL released the data Feb. 13. The index has risen nine of the past 12 months m-o-m, leading to a substantial 12-month gain that far exceeds the…