$inventory = array(

   array("type"=>"fruit", "price"=>3.50),
   array("type"=>"milk", "price"=>2.90),
   array("type"=>"pork", "price"=>5.43),

);

$price = array();
foreach ($inventory as $key => $row)
{
    $price[$key] = $row['price'];
}
array_multisort($price, SORT_DESC, $inventory);