THE SIGNAL
Overall inflation may be starting to slow but food prices continue to increase. The pace of the increases has decelerated in recent months but it is only small progress. Food prices rose 11.8% in December from a year ago compared with 12% in November and 12.4% in October. Prices of fresh fruits, fish, and seafood fell in December from November, according to the Labor Department.
Grocery prices rose at a faster pace than restaurant bills. Three areas are suffering from the highest food inflation rates according to an Axios analysis.
Dallas, the Twin Cities, and Baltimore are suffering some of the country’s highest ra …
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