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October Saw Wholesale Food Prices Fall For First Time In Five Months

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Wholesale food prices fell for the first time in five months in October, per data from the latest Bureau of Labor Statistics. The “all foods” index dropped 1.1%. It was the largest monthly decline since the month-over-month index fell 1.5% in May 2023. Still, given the consistent wholesale food-price gains during the last nine months—the…

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