Milling & Baking News - May 2, 2023 - 20

TUES | 05 02 202 3
CPI for baked foods, cereals
climbs 0.9% in March
WASHINGTON - The Consumer Price
Index for baked foods and cereal products
rose 0.9% in March, according to
the Bureau of Labor Statistics of the US
Department of Labor. The index for all
food at home, meanwhile, decreased 0.2%.
Of the 18 items followed by Milling &
Baking News, 15 posted month-over-month
increases and 3 finished lower.
The March index for Cereals and Bakery
Products before seasonal adjustment was
353.9% of the 1982-84 average, up 13.6% from
a year ago. For all food at home, the March
index was 301.9, up 8.4% from March 2022.
The CPI for cereals and cereal products
in March was 288.7, up 1.3% from February
and up 12.8% from March 2022. The
index for products within this category
included: flour and prepared mixes, 320.9,
up 0.6% from February and up 17.5% from
the previous year; breakfast cereal, 277.5,
up 2.4% from the previous month and up
12.5% from a year ago; and rice, pasta and
corn meal, 296.4, up 0.6% from February
and up 11.2% from March 2022.
The price index for bakery products in
March was 391.6, up 0.7% from February
and up 13.9% from March 2022.
The March index for bread was 236.5,
up 0.4% from February and up 15.2% from
March 2022. Under this heading, the CPI
for white bread was 430.5, up 1% from February
but up 16.5% from March 2022. For
bread other than white, the
index was 458.4, down 0.3%
from February but up 13.8%
from a year ago.
The price index for fresh
biscuits, rolls and muffins in
March was 229.4, down 1%
from February but up 10.3%
from March 2022. The March
index for cakes, cupcakes
and cookies was 372.1, up 0.7%
from February and up 15.5%
from March 2022. Under this
segment, other price indexes
included fresh cakes and cupcakes,
387.9, up 0.8% from February
and up 13% from March
2022; and cookies, 351.3, up
0.5% from the previous month
and up 16.6% from the previous
year.
The CPI for other bakery
products in March was 349.6,
up 1.8% from February and up
13.3% from March 2022. Under
this heading, other price
indexes in March included:
fresh sweet rolls, coffee cakes
and donuts, 384.3, up 1.3%
from February and up 8.3% from March
2022; crackers and cracker products, 415.8,
up 1.5% from February and up 13.6% from
March 2022; and frozen and refrigerated
bakery products, pies, tarts and turnovers,
346.4, up 2.6% from February and up 16.2%
from the previous year. MBN
CONSUMER PRICE INDEX FOR CEREAL
AND BAKERY PRODUCTS
MAR.
All Cereal and Bakery Products
All Bakery Products
Bread*
White bread
Bread other than white
Fresh biscuits, rolls and muffins*
Cakes, cupcakes and cookies
Fresh cakes and cupcakes
Cookies
Other bakery products
Fresh sweet rolls, coffee cakes
and donuts
Crackers and cracker products
Frozen and refrigerated
bakery products
All Cereals, Cereal Products
All-purpose flour, mixes
Breakfast cereal
Rice, pasta, corn meal
*December 1997 base.
FEB.
2023 2023
353.9 350.8
391.6 388.9
236.5 235.7
430.5 426.4
458.4 459.8
229.4
372.1
231.6
369.5
387.9 384.7
351.3
349.6
349.6 343.6
384.3
379.3
415.8 409.7
346.4 337.5
288.7 285.0
320.9
277.5
318.9
271.0
296.4 294.8
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20 MILLING & BAKING NEWS
Address: 9503 N Congress Avenue, Kansas City, MO 64153
Direct for Lab: Phn: (816) 891-7337 * Email: gpal@gpalab.com
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bakingbusiness.com
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Milling & Baking News - May 2, 2023

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