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Stock impact report

Is BBB Foods Inc. (TBBB) a Good Grocery Stock to Invest In Now? [Yahoo! Finance]

BBB Foods Inc. (TBBB) 
Company Research Source: Yahoo! Finance
Food prices, along with energy prices, tend to be historically volatile, which is why they are excluded from the core Consumer Price Index (CPI) reading published by the U.S. Bureau of Labor Statistics each month. Thus, when the CPI rose by a seasonally adjusted 0.2% in September, resulting in an annual inflation rate of 2.4%, it didn't provide much insight into grocery price trends specifically. Annual food inflation climbed to 2.3% in September, up from 2.1% the previous month, marking the largest rise since August 2022. This increase follows a shift in wholesale food prices, which stopped declining early in the year and began to rise again, according to the Food and Agriculture Organization's (FAO) Food Price Index. While analysts and supermarket executives point to supply chain disruptions and rising labor costs as the main causes of food inflation, many point out that they often overlook accusations that corporate greed has led to unprecedented revenue levels that unjustifiabl Show less Read more
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