Wholesale Food Prices Fell Sharply In February, Lower For Third Consecutive Month

Wholesale food prices have fallen for three consecutive months, according to the latest Producer Price Index data from the Bureau of Labor Statistics, released March 15. The month-to-month decrease in wholesale foods for final demand fell 2.2% in February, following declines of 1.2% in January and 0.9% in November. This trend comes after three consecutive…