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5%, frozen seafood prices up 10.
2%, fresh seafood prices up 4.
2%, and fresh shellfish prices down 2.
7%.
210 analysis data shows that seafood prices rose in October compared to last year, and while prices for all shellfish except fresh shellfish were still higher than the previous year's level, the increase was much
more modest than in the first half of the year.
more modest than in the first half of the year.
According to the Bureau of Labor Statistics, inflation in the United States fell more than expected in October, and the consumer price index rose 7.
7% from October last year, the smallest increase since the beginning of 2022
.
In addition, the food index rose by only 0.
6%
in October compared to September.
7% from October last year, the smallest increase since the beginning of 2022
.
In addition, the food index rose by only 0.
6%
in October compared to September.
Although inflation growth has declined, sales of fresh and frozen seafood have suffered
.
Sales of both frozen and fresh seafood fell 3.
4 percent in October, with frozen seafood sales of $627 million and fresh seafood sales of $570 million, while sales of canned seafood rose 3.
9 percent to $254 million
.
.
Sales of both frozen and fresh seafood fell 3.
4 percent in October, with frozen seafood sales of $627 million and fresh seafood sales of $570 million, while sales of canned seafood rose 3.
9 percent to $254 million
.
The analysis pointed out that with the gradual increase of social activities, it will support the sales of
seafood.
seafood.
According to data analyzed by 210, fresh crabs, which were overpriced for many consumers earlier this year, dropped by an average of 7.
7%
in the third quarter.
In October, crab trading volumes increased by nearly 18% from a year earlier, but gains were flat
in dollar terms.
7%
in the third quarter.
In October, crab trading volumes increased by nearly 18% from a year earlier, but gains were flat
in dollar terms.
Although sales of almost all fresh seafood fell in October, salmon sales increased by 2.
9% and tilapia by 4.
3%.
The continued strong salmon sales are attributed to Americans' habits
of cooking and eating salmon, the analysis said.
9% and tilapia by 4.
3%.
The continued strong salmon sales are attributed to Americans' habits
of cooking and eating salmon, the analysis said.
