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It’s taken a year, but the cost of groceries finally went down

Egg prices showed the biggest decline

For the first time in a year, grocery prices dropped in April, the U.S. Department of Labor said on Wednesday.

The index for food at home decreased by 0.2% for the month, while the food index overall was unchanged.

As for food categories, it was a mixed bag as three of the groups recorded price decreases, and three went up. The index for meats, poultry, fish, and eggs declined 0.7%. Eggs were the difference maker, registering a 7.3% decrease.

The other two groups dropping in price for April were fruits and vegetables (0.8%) and nonalcoholic beverages (0.2%).

After showing some relief in March with a 0.9% decrease in price, cereals and bakery products were up 0.6% in April, while other food at home, dairy, and related products went up 0.1%.

The Consumer Price Index for All Urban Consumers increased 0.3% in April on a seasonally adjusted basis after rising 0.4% in March. Over the last 12 months, the all-items index raised 3.4% before seasonal adjustment.

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