CPI Report Shows Food Prices Rose Sharply in December

Core Viewpoint - Recent inflation data indicates that prices for beef, coffee, and produce have increased, reflecting broader inflationary trends in the economy [1] Group 1: Inflation Impact on Specific Items - Beef prices have risen significantly, contributing to overall inflation [1] - Coffee has also seen a price increase, affecting consumer spending [1] - Produce prices are on the rise, indicating supply chain pressures and increased costs [1]