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October 13, 2022

The jump in wholesale prices is particularly sharp for fresh and dried vegetables. / Image: Shutterstock

Wholesale food prices rose in September after slipping in August, according to just-released federal statistics, indicating that excess pressure on the food service industry may persist at least in the near term.

The US Bureau of Labor Statistics (BLS) reported an increase in the Producer Price Index for food available for sale of 1.2%, compared to a 0.1% decline in August.

The agency said that the increase was mainly for fresh and dried vegetables, whose wholesale prices rose by 15.7%. The BLS noted that wholesale prices for eggs and pork also rose, while the cost of processed poultry moderated. It increased egg sales by 16.7%, following a 25% drop in August.

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