"Understanding the Paradox of Rising Food Prices Despite Cooling Inflation"

Despite overall inflation cooling, food prices continue to rise, with restaurant prices increasing at a faster pace than grocery costs. Factors contributing to the rise in food prices include higher labor costs, record-low cattle numbers driving up the cost of beef, and supply issues due to climate change. Fast-food prices have also surged, impacting low-income consumers disproportionately. While grocery prices are forecasted to moderate later this year, restaurant meals are expected to continue rising.