Food prices just had their highest month-to-month jump in years

Food prices rose 0.68% in April, the largest monthly increase since August 2022, driven by supply chain disruptions from the pandemic, the Russia-Ukraine war, and higher oil prices due to a conflict in the Strait of Hormuz. Under the Biden administration, food inflation eased slightly, but it accelerated 3.16% since Trump took office, with Trump dismissing concerns about affordability.