While food prices increase, steak prices are on the decline

By Jenny Goldsberry

Published August 23, 2022 7:55pm ET

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While food prices increase, steak prices are on the decline — Steaks have seen a decrease in price since last month, which also reflects a drop in price from last year. The U.S. Labor Department reported a 1% drop in price from June and a 1.5% drop from last July. The price of ribeye and beef loin fell nearly 10% from the final weeks of July. […]

Steaks have seen a decrease in price since last month, which also reflects a drop in price from last year.

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Food and Beverage Inflation Prices