Wholesale Food Prices Ticked Up 0.2% In August, But Remain Negative Year-Over-Year

Wholesale food prices, calculated as the “All Foods” price index in the Bureau of Labor Statistic’s Producer Price Index, rose a mere 0.2% point month-over-month in August, extending a three-month streak during which prices have been essentially flat. Prices stand 1.8% lower than 12 months ago, according to the latest BLS PPI data. M-o-m wholesale…