US Fresh Produce Prices Jump 1.7% in April as Energy Costs Lift Food Inflation
Updated
Updated · Fresh Fruit Portal · May 26
US Fresh Produce Prices Jump 1.7% in April as Energy Costs Lift Food Inflation
2 articles · Updated · Fresh Fruit Portal · May 26
Fresh fruits and vegetables rose 1.7% in April, outpacing the 0.7% monthly increase in overall food-at-home prices, according to US CPI data.
FMI tied the increase to unstable global energy markets, saying higher fuel and power costs are raising expenses from fertilizer and irrigation to cold storage, transport and retail refrigeration.
Food-at-home prices were up 2.9% from a year earlier, with beef, poultry, fish and eggs rising 1.3% in April and dairy products increasing 0.8%.
Retailers and suppliers are trying to absorb those operating costs while keeping produce affordable, with the sector focused on efficiency, supply-chain resilience and inventory management into the second half.
As global conflicts drive up food costs, are grocers passing on more than just their expenses to consumers?
What innovations can shield American farms and food prices from future global energy and fertilizer supply shocks?
Can AI-powered supply chains curb the massive food waste problem and ultimately lower your family's grocery bill?