Over the past 20 years, inflation on food prices has averaged about 2% per year. But, last year, inflation accelerated.
Between 2020 and 2021, inflation on food prices jumped 3.5% — an upswing of 75%, according to an analysis by the U.S. Department of Agriculture.
Meat and fish prices led the way: beef and veal rose 9.3%; pork, 8.6%; and fish and seafood, 5.4%. The new data reflects a trend of meat …