Cost of food in the United States increased 2.80 percent in April 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.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Food at Home in U.S. City Average (CUSR0000SAF11) from Jan 1952 to Apr 2025 about urban, food, consumer, CPI, housing, inflation, price index, indexes, price, and USA.

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 0.8 percent. The increase of CPI for food compared to the previous year was the highest in 2022, at 9.9 percent.

Online inflation of food products followed the trend of physical stores and showed a significant peak in 2022. In North America, online food prices went up by 7.46 percent that year, before decreasing to a 2.77 year-over-year percentage change in 2023. By 2025, online prices of food products might increase by 2.19 percent in the considered region.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Food in U.S. City Average (CPIUFDNS) from Jan 1913 to Apr 2025 about urban, food, consumer, CPI, inflation, price index, indexes, price, and USA.

The FAO Food Price Index (FFPI) averaged 124.9 points in January 2025, down 2.1 points from December 2024. The highest value for the index in the past 23 years was reached in March 2022. However, the rate of food price increases has been decreasing since.

Food prices worldwide The annual FAO Food Price Index (FFPI) by category shows that the price of vegetable oils grew by a particularly large margin. One of the factors that influenced the spike in oil prices worldwide during 2020 and 2021 were the supply-chain disruptions during the COVID-19 pandemic. Moreover, after the war in Ukraine, shipping costs and grain prices also had a noticeable impact on global food prices. Global food prices are calculated to have increased by 3.68 percent, due to changes in shipping costs and grain prices. The European Union (EU) has experienced a particularly high increase in the annual consumer prices for food and non-alcoholic beverages, as compared to other selected countries worldwide. Inflation in Europe

The inflation rate for food in the EU grew from 0.2 percent in May 2021 to 19.2 percent in March 2023, as compared to the same month in the previous year. In the following months, the food inflation started decreasing again, reaching 1.86 percent in April 2024. The overall inflation rate in the Euro area reached its peak in December 2022 at 9.2 percent. The rate has since fallen to 2.4 percent in December 2024. As measured by the Harmonized Index of Consumer Prices (HICP), inflation rates in Europe were highest in Turkey, North Macedonia, and Romania as of December 2024.

According to a June 2022 global survey, most e-shoppers reported rising prices for groceries being an issue while online shopping. Nearly 70 percent of shoppers in Brazil stated that increased food prices influenced their shopping behavior, while South Korea had the second-highest number of respondents reporting the issue, at 64 percent.

Online food market Worldwide, China is home to the largest online food delivery market by revenue. In 2022, China's online food delivery market was valued at roughly 310 billion U.S. dollars. The online food delivery market in the United States ranked second, with almost 185 billion U.S. dollars in revenue. The United Kingdom (UK) and India were among the leading countries, with 33 billion and 27 billion U.S. dollars, respectively. While China leads in revenue, online food delivery penetration is the highest in the UK. In 2022, almost three-quarters of UK shoppers purchased meals via the internet, whereas only slightly more than half of Chinese consumers had done the same.

Inflation hits grocery prices The impact of inflation on food prices can be seen throughout the world. In the United States, it has adversely affected online grocery since June 2021. For instance, year-on-year inflation for groceries stood at 13.6 percent in October 2022. Consumers in the UK are the most worried about rising food prices. In November 2022, eight out of ten UK shoppers expected grocery prices to rise further in the following months. In Europe, shoppers are changing their grocery purchasing habits due to inflation. Half of Europeans are trying private-label brands, and 35 percent are straying from their go-to brand. As a result of inflation, 14 percent are now shifting away from brick-and-mortar stores to online grocery shopping.

Grocery wholesalers act as a middleman between food producers and retailers. Improving per capita disposable income has allowed consumers to trade up to more expensive options at grocery stores or switch to dining out. Grocery wholesalers benefit either way as they distribute products to both markets. However, the growing trend of eliminating the middleman has pressured revenue expansion during the period. Still, grocery wholesalers' revenue shrunk at an estimated 1.7% CAGR to $298.2 billion over the past five years, including an anticipated 0.8% gain in 2025 alone. Although grocery wholesalers have a moderate market share concentration, businesses vary in size depending on their target market and geographical scope. The disproportionate size of grocery wholesalers has contributed to industry consolidation over the past decade as large wholesalers constantly seek new inorganic expansion opportunities. Grocery wholesalers' profit is also susceptible to change depending on the size of an organization and relevant industry prices such as produce and fuel. During the five years, significant disruptions in the supply chain and increases in the price of gas and energy pushed up transportation costs and contributed to decreasing profit. Over the next five years, grocery wholesalers' revenue expansion is anticipated to expand. The industry will be impacted by strengthened economic uncertainty and changes in downstream consumer preferences. Recent hikes in inflation will negatively impact grocery wholesalers' performance as consumers are forced to change their purchasing habits to manage expenses. However, growing per capita disposable income and a boost in the number of households will drive industry expansion. Moreover, agricultural product prices are expected to dwindle during the same period. Also, rising demand for specialized goods will lead smaller companies to carve out niche markets, supplying locally produced foods, ethnic foods and specialty imported foods. As a result, industry revenue will climb at an expected CAGR of 0.4% over the next five years to reach $303.6 billion in 2030.

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 333.57, compared to the period from 1982 to 1984 (=100).

In January 2025, the 12-month inflation rate for food items in the United States was at 2.5 percent. That month, egg prices increased by over 50 percent compared to January 2024. Inflation for sugar and sweets saw an increase at 4.3 percent.

Breakfast restaurants and diners have navigated a complex landscape in recent years, facing various challenges while seizing growth opportunities. Establishments have shown resilience by quickly adapting to consumer preferences for delivery and digital ordering platforms, expanding their reach and meeting the demands for convenient and off-premises dining. The symbiotic relationship with delivery services like DoorDash and Uber Eats has boosted market presence and consumer access. Diners have streamlined their menus, emphasizing popular items to optimize operations and maintain profitability. Industry revenue has been increasing at a CAGR of 7.5% over the past five years to total an estimated $15.6 billion in 2025, including an estimated increase of 1.8% in 2025. It should be noted that this strong revenue growth over the past five years was because of a low COVID-19 base year, with revenue dropping 21.3% in 2020. Over the past five years, the industry has faced obstacles such as rising food prices, attributed to factors like the bird flu outbreak and geopolitical tensions affecting staple ingredients like eggs and wheat. Despite these issues, breakfast establishments have not passed all increased costs onto customers, opting to maintain sustainable pricing to preserve their loyal clientele, hindering some profit growth. Also, staffing challenges impacted the availability of late-night dining options, with the number of 24-hour diners operating dropping. Breakfast restaurants and diners will enjoy a more favorable landscape. Slower growth in food costs will take pressure off establishments in terms of continuing to offer competitive prices while retaining profitability. Strong growth in disposable incomes is expected to benefit breakfast restaurants and diners, facilitating revenue growth as consumers dine out more often and spend more per meal. An uptick in domestic travel will bolster revenue, driven by nostalgic and locally flavored dining experiences. Breakfast restaurants and diners will broaden their offerings through healthier food that appeals to a wider clientele. With strategic enhancements in service offerings and targeted adaptations, breakfast restaurants and diners are well-positioned for sustained success in the coming years. Industry revenue is forecast to increase at a CAGR of 1.8% to total an estimated $17.1 billion through the end of 2030.

The North American canned food market declined to $17.6B in 2024, which is down by -2.3% against the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $18.6B. From 2022 to 2024, the growth of the market remained at a somewhat lower figure.

The United States full-service restaurant (FSR) market, encompassing diverse cuisines and outlet types, presents a dynamic landscape ripe for analysis. While precise market size figures for 2019-2024 are not provided, a reasonable estimation can be made leveraging industry knowledge and publicly available data from companies like those listed (BJ's Restaurants, Bloomin' Brands, etc.). Considering the presence of major players and the consistent demand for dining experiences, it's plausible to assume a substantial market size, potentially exceeding $XXX billion in 2024, growing at a moderate CAGR (let's assume a conservative 3% for illustration). Key drivers include evolving consumer preferences toward higher-quality dining experiences, increased disposable incomes (in specific demographics), and the growing popularity of diverse cuisines beyond traditional American fare. Trends such as the rise of experiential dining, the integration of technology (online ordering, delivery platforms), and a focus on sustainability are shaping the market. However, restraints include escalating labor costs, supply chain disruptions impacting food prices, and intense competition, particularly in densely populated areas. The segmentation by cuisine (Asian, European, etc.), outlet type (chained vs. independent), and location (leisure, lodging, etc.) reveals lucrative niches within the market, offering opportunities for specialized businesses and strategic expansion for established players. The forecast period (2025-2033) presents opportunities for growth, particularly within the more rapidly expanding segments. Continued innovation in menu offerings, customer service, and operational efficiency will be critical for success. While some segments, such as standalone restaurants in less populated areas, might face challenges, the overall market is expected to show resilience. The sustained demand for dining out, coupled with strategic investments in technology and marketing, suggests a positive outlook for this dynamic sector. Further, regional variations in consumer preferences and economic conditions will influence the growth trajectory of specific sub-segments within the US FSR market. For example, higher population density areas are likely to show stronger growth rates compared to less densely populated regions. Recent developments include: January 2023: Applebee’s announced the return of its USD 6 Smoocho Mucho Sips.December 2022: Dine Brands Global Inc. acquired Fuzzy's Taco Shop® ("Fuzzy's") from Experiential Brands LLC, a wholly-owned subsidiary of NRD Holding Company, for USD 80 million in cash.November 2022: Brinker International announced that its brand Chili's Grill & Bar launched its first to-go-only location nationwide.. Notable trends are: A significant rise in tourist arrivals is driving the market growth, capitalizing on the opportunities presented by the influx of visitors.

In 2024, the Latin American baby food market increased by 11% to $4B, rising for the third year in a row after three years of decline. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $4B in 2013; afterwards, it flattened through to 2024.

Graph and download economic data for Sticky Price Consumer Price Index less Food and Energy (CORESTICKM159SFRBATL) from Jan 1968 to Mar 2025 about sticky, core, CPI, inflation, rate, price index, indexes, price, and USA.

Graph and download economic data for Personal Consumption Expenditures Excluding Food and Energy (Chain-Type Price Index) (PCEPILFE) from Jan 1959 to Apr 2025 about chained, core, energy, headline figure, PCE, consumption expenditures, consumption, personal, inflation, price index, indexes, price, and USA.

In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it as, "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

How Tariffs Are Impacting the Economy

Tariffs have created significant disruptions in global supply chains, leading to higher production and operational costs. In the U.S., tariffs imposed on food imports have directly impacted the foodservice sector, including full-service restaurants. The increased cost of ingredients, equipment, and even labor due to higher import duties has squeezed restaurant profit margins.

Additionally, businesses are experiencing delays in product deliveries, resulting in supply shortages that impact menu offerings and customer satisfaction. While some restaurants have absorbed these higher costs, many have been forced to increase prices, contributing to inflation.

Consumer spending is also impacted as the cost of dining out rises, reducing discretionary spending in other sectors. Tariffs are exacerbating challenges in an already competitive market, forcing FSR businesses to adapt their sourcing strategies, rethink their pricing models, and invest in automation to offset higher costs. In the long term, tariffs may result in fewer investment opportunities and slower growth in the foodservice industry.

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All potato chips, regardless of style of chips, flavor, packaging type or size."