Wholesale food prices up 3.9% from year-ago level

Average wholesale food prices rose sharply for the second consecutive month, according to preliminary data from the Bureau of Labor Statistics. The Producer Price Index for All Foods – which represents the change in average prices paid to domestic producers for their output – rose 0.9% between February and March.

The March increase followed a 1.6% gain in February, which came on the heels of three straight monthly declines.

Overall, average wholesale food prices stood 3.9% above their year-ago level.

Track more economic indicators and read more analysis and commentary from the Association's chief economist Bruce Grindy.