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Grain prices plummet as grocery costs stay high

Por: Newsweek World December 15, 2023

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Despite grain prices hitting a near 3-year low, American grocery bills remain stubbornly inflated, with a 1.7 percent year-over-year increase, challenging consumers' wallets at a time when pandemic-related supply chain issues, labor costs, and geopolitical strife continue to affect food affordability.As the Producer Price Index (PPI) for grains dips to rates unseen since early 2021, the expected relief at the checkout counter remains... + full article



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