Wholesale Food Prices Rose 0.5% In July And Stand 4.3% Above A Year Ago

Struggling foodservice operators got hit again in July with higher prices for wholesale food, according to the latest Producer Price Index data from the Bureau of Labor Statistics. The PPI’s All Foods Index rose 0.5% month-over-month, the fifth increase in the past six months. The half-point gain comes on the heels of a 1.1% increase…