Food Prices Edge Up for Second Month

July 16, 2020
Food prices went up slightly in June, the second straight month of increase.

Food prices went up slightly in June, the second straight month of increase, according to the U.S. Bureau of Labor Statistics.

The cost of food at home went up 0.7% in June, following a 1.0% increase in May – a state of affairs almost entirely attributable to the pandemic. But that seemingly innocuous increase comprised some bigger swings, both up and down, for specific food categories.

Meat in particular got more expensive, with the price of bacon up 8.1%, hot dogs up 4.9%, beef and veal up 4.8%, and pork up 3.3%. Other price increases include:

Carbonated soft drinks: 2.2%
Flour: 2.1%
Snacks: 2.1%
Coffee: 1.8%
Fresh vegetables: 1.3%
Breakfast cereal: 1.1%

Some foods decreased in price, however:

Eggs: 2.7%
Apples: 2.1%
Butter: 1.7%
Sugar and sugar substitutes: 1.3%
Milk: 0.6%

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