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Grocery prices nearing pre-pandemic affordability

Source: FoodBusinessNews

ARLINGTON, VA. — While consumers remain concerned about high food costs, at home food prices and away from home food prices are nearly as affordable as they were in January 2020.Leo Feler, PhD, chief economist at data insights firm Numerator, analyzed data from the US Bureau of Labor Statistics and the Consumer Price Index (CPI) and found that consumer incomes increased almost as much as CPI food prices between…

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