- Metro East REIA
CPI Says Food Prices See Highest Increase Since Carter Years
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.1% in August, 2022. However, the all items index was up 8.3% for the 12 months ending in August. The CPI’s food index increased 11.4% over the past year, the largest 12-month increase since the Carter Years. Continue reading HERE...