By Martine Paris
Source: Bloomberg

Inflation remains on a tear, especially when it comes to food costs which rose 10.4% in June from a year ago, the largest increase since 1981.

Consumer prices jumped 9.1% last month from a year earlier, according to the latest Consumer Price Index report from the US Labor Department. The “Food at Home” category jumped even more, rising to 12.2% from the same time last year.

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