Wholesale Food Prices Rose Slightly In January, While Menu Prices Increased Again; 2021 Wholesales Price Increases Expected To Be Moderate

Wholesale food prices rose only 0.2% at the final demand stage in January, according to the latest Producer Price data from the Bureau of Labor Statistics. The gain follows a 0.2% decrease in December. The January food number was helped by an 8.4% decline in beef and veal prices. Food prices at earlier demand stages…