Record King and Snow Crab Imports
Consumer prices, income, and spending increased in September according to new government data released this past week. It points to a robust demand. However, severe supply shortages continue which has led to a rapid uptick in inflation. The Commerce Department reported on Friday that the personal consumption-expenditures price index rose 4.4% in September compared to the prior year. This is the fastest pace since 1991. Meanwhile, inflation topped 5% for the last 4 months.
Compared to pre-pandemic levels, frozen and fresh seafood sales have soared...
To Read Full Story Login Below.