en.Wedoany.com Reported - According to the latest data released by the U.S. Bureau of Labor Statistics, the Consumer Price Index (CPI) for bakery products and cereal grains declined by 0.3% month-over-month in March. Meanwhile, the index for all food at home also edged down by 0.1%.

Based on statistics from Milling & Baking News, among the 18 items tracked, 14 experienced a month-over-month decline, while only 4 saw an increase. Andy Herrig, Vice President of Tax, Trade, Sustainability, and Policy Development at the American Bakers Association, commented on this: "The CPI released today shows a decline in grocery inflation, which should be welcome news for consumers, especially following significant increases in recent months. Staples such as beef, poultry, fish and eggs, cereal and bakery products, and dairy all fell by 0.6%. In contrast, the cost of dining out rose by 0.2%, highlighting that grocery shopping remains an economical way for consumers to manage their food spending."

However, Herrig also cautioned: "While these numbers are encouraging, the recent instability in global energy markets is driving up production costs throughout the entire food supply chain and could potentially exert upward pressure on grocery prices in the future. Fuel is a critical input at every stage of the food system—from powering farm equipment to processing, packaging, and transporting products to store shelves. As energy costs rise, so do the costs associated with producing and delivering food."

Specific data show that the CPI for cereal and cereal products was 289.2 in March, down 0.6% compared to February but up 0.6% from March of the previous year. Of this, the index for flour and prepared flour mixes stood at 324.6, falling 0.7% month-over-month and 1.4% year-over-year; the breakfast cereal index was 284.4, down 0.4% month-over-month but up 1.2% year-over-year; the rice, pasta, and cornmeal index was 291.2, declining 0.7% month-over-month and rising 0.5% year-over-year.

The price index for bakery products in March was 410.8, down 0.2% month-over-month and up 2.7% year-over-year. The bread index reached 248, rising 0.4% month-over-month and 4.6% year-over-year; the white bread index was 444, up 0.3% month-over-month and 3.5% year-over-year; the non-white bread index was 488.4, increasing 0.4% month-over-month and 5.7% year-over-year. The index for fresh biscuits, rolls, and muffins was 243.9, up 0.2% month-over-month and 1.2% year-over-year; the index for cakes, cupcakes, and cookies was 393.4, down 0.9% month-over-month but up 4.4% year-over-year. The index for other bakery products stood at 362.2, decreasing 0.4% month-over-month and rising 1.4% year-over-year.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com