This statistic depicts the consumer price index (CPI) for food in the United States from 1960 to 2024. In December 2024, the consumer price index (CPI) for food amounted to ******, compared to the period from 1982 to 1984 (=100).

When surveyed in March 2024, some ** percent of respondents in the U.S. stated that they expected grocery prices to increase. This figure peaked at ** percent in April 2024.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Other Foods in U.S. City Average (CUSR0000SEFT) from Jan 1981 to May 2025 about urban, food, consumer, CPI, inflation, price index, indexes, price, and USA.

Food price increases hit the egg category the hardest between December 2021 and December 2024 in the United States. The price of eggs increased by **** percent in 2024.

Cost of food in the United States increased 2.90 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Food price inflation in Latin America and the Caribbean reached 77.62 percent in December 2024 compared to the same month the previous year. The surge in food prices has significant implications for household budgets and food security throughout Latin America. Regional variations and contributing factors While the overall trend shows a sharp increase in food prices, there are notable differences among countries in the region. Venezuela and Argentina consistently rank among the nations with the highest food price inflation, while Panama and Ecuador have experienced relatively lower rates. The consumer price index for food in Latin America and the Caribbean jumped from 425.38 points in June 2023 to 1,223.53 points in June 2024, representing an increase of over 158 percent. This rapid escalation in food costs has put considerable strain on consumers across the region. Global context and consumer impact The food price inflation crisis in Latin America is part of a broader global trend. Zimbabwe, for instance, recorded the highest level of real food inflation worldwide between December 2023 and April 2024, with a 46 percent increase compared to the previous year. Argentina followed with a 20 percent increase. The impact on consumers is significant, with many finding it increasingly difficult to afford healthy and sustainable food options. In Argentina, 62 percent of respondents reported difficulty in purchasing such foods due to a lack of affordability, an increase of 7 percentage points from 2021. Similar challenges were observed in other Latin American countries, including Peru, where the share of respondents reporting difficulties rose from 19 percent to 25 percent between 2021 and 2023.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Other Food Away from Home in U.S. City Average (CUSR0000SEFV05) from Jan 1998 to May 2025 about urban, food, consumer, CPI, housing, inflation, price index, indexes, price, and USA.

The average for 2021 based on 17 countries was 95.085 index points. The highest value was in Uruguay: 137.46 index points and the lowest value was in Bolivia: 68.57 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

Since 2015, the consumer price index (CPI) of food in the United States has increased every year except for 2016, when the CPI decreased by *** percent. The increase of CPI for food compared to the previous year was the highest in 2022, at *** percent.

In the United States, online grocery prices hit a **** year peak in September 2022, when they registered a **** percent year-over-year increase. In the country, the prices of grocery products available online has increased continuously, only lowering by **** percent as of March 2025, marking an unprecedented period of inflation.

In the U.S., the consumer price index (CPI) of food increased across many categories from 2022 to 2023. Cereal and bakery products saw the most drastic change between 2022 and 2023, when the CPI for this category increased by *** percent. While eggs had the highest inflation acroos all food categories in 2024.

The average for 2021 based on 20 countries was 129.611 index points. The highest value was in Bermuda: 205.33 index points and the lowest value was in Nicaragua: 81.53 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

U.S. consumers were asked how much money they spent on average on groceries per week. The findings present that U.S. households' weekly grocery expenditure amounted to about 165 U.S. dollars in 2024. Between 2019 and 2024, the average weekly expenditure grew exponentially, favored by the pandemic first and inflation after. Food affordability Since the pandemic, food affordability has been a challenge for consumers around the world, leading to changes around their food consumption. In the United States, meats, specialty foods and snacks are among the less purchased products, other changes include the purchase of generic products to save money on groceries. Generational differences Due to the rise of online grocery shopping, the difference in generational consumer behavior is significant. Millennials are most likely to shop online for their groceries, followed by Gen Z, while older generations prefer in-store shopping. When it comes to shopping frequency, those aged between 25 and 34 tended to shop more often compared to the youngest and oldest generations.

In the United States, year-on-year (YoY) inflation for online grocery products was approximately **** percent as of October 2022. From June 2021 to October 2022, monthly inflation in this category was the highest in August 2022, at roughly ** percent.

Inflationary market

Inflation has skyrocketed. In the United States, the inflation rate peaked at *** percent as of June 2022. The last time the U.S. saw such high values was in 1990, when the inflation rate stood at *** percent. But it's not all doom and gloom. According to a forecast, the global inflation rate will decrease to **** percent in 2023 and continue to decline.

Ever-rising prices

Consumers are changing their shopping habits in response to the bleakest inflationary market the industry has seen in decades. Rising grocery prices are the main issue affecting online shoppers worldwide. While grocery products are the latest items to be cut off by consumers in times of instability, rising prices will cause shoppers to purchase less and find cheaper alternatives for fashion items. Moreover, in February 2022, roughly ** percent of global buyers changed their purchase habits with alcoholic beverages, ** percent with packaged food, and ** percent with fresh food.

The Quarterly Food-Away-From-Home Prices (QFAFHP) data set provides quarterly prices (not including taxes) for food away from home (FAFH) and alcohol, both at home and away from home. Food away from home is an integral component of the typical American diet and food budget; it also plays a key role in the nutrition and health of Americans. Data on variation in food prices over time and across regions allow researchers to estimate how price changes affect the demand for different products—such as through changes in quantities purchased or expenditures—and, to examine how changes in demand, in turn, affect nutritional and health outcomes.

In February 2025, the seasonally adjusted consumer price index (CPI) for food and beverages in the United States increased by *** percent compared to the same period in 2024. The highest change was registered in August 2022, when the consumer price index for food and beverages increased by **** percent compared to August 2021.

Supermarkets and grocery stores have significantly transformed in recent years, driven by technological advancements and shifting consumer preferences. E-commerce has become a cornerstone of the industry, with over 70.0% of grocery retailers integrating online ordering and fulfillment into their operations in 2025. This shift has been fueled by consumer demand for convenience and efficient shopping experiences, prompting retailers to invest heavily in curbside pickup and home delivery services. Major players like Kroger have leveraged these innovations to maintain a competitive edge, while third-party delivery platforms like Instacart have enabled smaller grocers to compete with larger chains. The adoption of "dark stores" and AI-driven technologies has further optimized operations but heightened competition has limited revenue expansion. Over the past five years, revenue has been slipping at a CAGR of 0.1%, reversing course in 2025 to climb 1.1%, reaching $883.1 million. Over the past five years, the industry has faced rising labor costs and competition from discount grocers and private-label products. Automation has played a crucial role in managing these pressures, with more than 50.0% of transactions in major chains processed through self-checkout systems in 2025. Despite these advancements, wages have continued to rise, accounting for an estimated 10.7% of revenue. This has led retailers to focus on strategic pricing and the promotion of high-margin private-label products to sustain profit. The proliferation of discount grocers like Aldi and Lidl has intensified competition, forcing traditional supermarkets to innovate and adapt to retain market share. Looking ahead, supermarkets and grocery stores are likely to endure steady but marginal revenue growth over the next five years, influenced by economic and demographic factors. Increases in per capita disposable income and consumer spending suggest a stable economic environment that could bolster sales of premium and specialty grocery items. However, declines in the agricultural price index may pressure revenue growth, as lower prices could reduce sales value. Urban population growth will continue to drive demand for grocery products, encouraging retailers to adopt urban-centric strategies. Upcoming FDA regulations on product labeling and ongoing geopolitical tensions will present challenges and opportunities for the industry. Retailers that can navigate these complexities and align with evolving consumer preferences, such as the rise of functional foods and the "quiet luxury" trend, will be well-positioned to thrive in a rapidly changing market landscape. Revenue is anticipated to expand marginally over the next five years at a CAGR of less than 0.1%, totaling $883.3 million in 2030.

In December 2024, the average consumer price index (CPI) for food in Latin America and the Caribbean amounted to ******** points. In contrast, a year earlier, this value was of ******. This represents an increase of over ** percent. That month, the countries with the highest food CPI included Venezuela and Argentina. The countries with some of the lowest food price inflation included Panama and Ecuador.

Many safety-net programs issue benefits as monthly lump-sum payments. We investigate how the timing of Supplemental Nutrition Assistance Program (SNAP) benefit issuance affects food purchases and the incidence of the transfer. Using scanner data from a large sample of grocery stores and state and time variation in SNAP issuance schedules, we document large, SNAP-induced intra-month cycles in food expenditures. However, we find that retailers do not adjust prices based on these predictable patterns of demand. Our results therefore suggest that reforming issuance schedules may reduce costs from SNAP-induced demand surges but are unlikely to affect the incidence of SNAP benefits.

The average for 2021 based on 165 countries was 105.854 index points. The highest value was in South Korea: 208.84 index points and the lowest value was in India: 58.17 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.