The Consumer Price Index (CPI) data from the US Bureau of Labor Statistics has shown that food-at-home prices fell by 0.3% in March. It was the first monthly decrease in the index since September 2020. The overall inflation rate in the US was also stable in March, rising by 0.1%, down from the 0.4% increase in February. While the general CPI has increased by 5% year-over-year, the recent numbers indicate a cooling in the red-hot price pace in many areas of the economy. The CPI for meat, poultry, fish, and eggs fell by 1.4%, and the index for fruits and vegetables decreased by 1.3% in March. In contrast, the CPI for food away from home increased by 0.6%, continuing a recent string of price increases in the foodservice arena.

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