(May 19, 2026) – Food prices jumped 0.68% in April compared with the previous month — the largest month-to-month inflation bump since August 2022, according to the Consumer Price Index, a measure of inflation. Food inflation has been growing since the COVID-19 pandemic, which shocked supply chains, and Russia’s invasion of Ukraine, which affected oil prices, in early 2022. After a massive uptick, food inflation began to ease during the last two years of the Biden administration.