CPI - Food and Beverages in October

Has the dreaded stag-deflation arrived? Retail prices decelerate in October. From the CPI report this morning
. The food and beverage index rose a modest 0.3 % in October after an 0.6% increase in September. Meanwhile, the index for food at home increased 0.1% in October after increase at least 0.6% in each of the previous four months. Five of six grocery sectors saw prices go down; the fruits and vegetables index was 2.2% lower in October ater an 0.5% increase in September.

Overall, the CPI was down 1% in October, led by a decline in energy prices.... Specifics on fruits and veggies later....


Drop bigger than expected