Some of the most popular grocery items sold in the United States are made of milk, according to a new report.
The Consumer Price Index (CPI), a widely used index of inflation, showed that the cost of milk has risen by more than 30% since 2012, and that more than 6.3 million Americans are living with food insecurity.
The report, compiled by the USDA and the Department of Agriculture, shows that the average American spends $8.10 a day on milk, which was $8 a gallon as of July.
But the cost is rising faster than inflation.
Inflation is the average change in prices for goods and services within a given time period.
It typically increases because people spend more on a good or service when prices go up.