Cost of food in the United States increased 3 percent in June 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.

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.

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 Jun 2025 about urban, food, consumer, CPI, housing, inflation, price index, indexes, price, and USA.

Cost of food in Canada increased 2.90 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Canada 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 in U.S. City Average (CPIUFDNS) from Jan 1913 to Jun 2025 about urban, food, consumer, CPI, inflation, price index, indexes, price, and USA.

When surveyed in February 2025, some ** percent of respondents in the United Kingdom stated that they are reducing at-home food waste to save on food costs. Additionally, ********* stated that they purchase mainly store brands.

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.

Cost of food in India decreased 1.06 percent in June of 2025 over the same month in the previous year. This dataset provides - India Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Food Price Index in World increased to 128 Index Points in June from 127.30 Index Points in May of 2025. This dataset includes a chart with historical data for World Food Price Index.

Cost of food in Netherlands increased 4.40 percent in June of 2025 over the same month in the previous year. This dataset provides - Netherlands Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Monthly average retail prices for selected products, for Canada and provinces. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.

Cost of food in New Zealand increased 4.60 percent in June of 2025 over the same month in the previous year. This dataset provides - New Zealand Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Cost of food in Australia increased 3.20 percent in March of 2025 over the same month in the previous year. This dataset provides - Australia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Context

This is a relatively small dataset of the USDA Monthly Cost of Food report. The data given is from January of each year from 2000-2021. The report details expected food costs broken down by demographic and year, as well as food expenditure level, from a "Thrifty" food plan which describes careful budgeted food purchasing, to a "Liberal" food plan which entails more open food purchasing.

Content

This data was sourced directly from the USDA Food Plans website and read/converted from PDF form using Tabula

Acknowledgements

USDA Food Plans: https://www.fns.usda.gov/cnpp/usda-food-plans-cost-food-reports-monthly-reports Photo by Jakub Kapusnak on Unsplash

Inspiration

How have food costs increased in the last 20 years? Have food costs kept pace with overall inflation, or are they higher or lower than expected? What should projected food costs be going forward?

Like this dataset? See my other datasets!

Cost of food in Nigeria increased 21.97 percent in June of 2025 over the same month in the previous year. This dataset provides - Nigeria Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Organic Grocery Stores industry has encountered challenging trading conditions in the past few years, leading to a decline in revenue and profit margins. Organic grocers experienced negative demand shocks and sharp revenue contractions in the wake of the COVID-19 pandemic between 2019-2020 and 2021-2022, with many consumers turning to major supermarkets for their shopping needs rather than organic grocers. Revenue rebounded in 2022-2023 as normal trading conditions resumed. However, mounting cost-of-living pressures have led households to opt for less expensive substitutes, dragging down revenue once again over the two years through 2024-25. Organic grocery stores have also battled rising input costs and operating expenses while facing stiff competition from supermarkets and online retailers. Many consumers now prefer shopping online for its convenience. These factors have not only hampered revenue but have also put substantial downwards pressure on profit, forcing many organic grocery stores to revise their labour strategies. Industry revenue is expected to contract at an annualised rate of 2.9% over the five years through 2024-25, to $276.5 million. This includes a 1.6% drop in the current year, as cost-of-living pressures continue to dampen downstream demand for organic products. The Organic Grocery Stores industry is set to witness an upturn over the coming years. Growing demand for groceries underpins this positive outlook, largely attributable to population growth and an accompanying hike in grocery expenditures. An increase in household discretionary income as cost-of-living pressures subside will also boost demand for organic products. Revenue growth will spark a flurry of new entrants, creating jobs across the Organic Grocery Stores industry. Even so, organic grocers will face heightened competition from both internal and external competitors. Striking a balance between remaining competitive, maintaining profitability and managing costs from upstream suppliers will be critical to success. Mounting public awareness of environmental issues and the health benefits of organic products will provide added leverage for revenue growth. Overall, industry revenue is expected to expand at an annualised rate of 3.8% through the end of 2029-30, to $332.6 million.

Cost of food in Germany increased 2.70 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Germany Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Supermarkets have maintained stable volume-driven business strategies amid a pricing environment that has been in the spotlight. Conflict in the Middle East, avian flu outbreaks and other inflationary pressures have driven prices up, with many stores passing on these costs to consumers. While consumers are paying more for groceries and upstream suppliers are seeing their margins shrink, supermarkets Coles and Woolworths have maintained relatively stable profit margins, among the highest in the world. The continued expansion of Aldi and Amazon has forced the two established industry giants to shift gears recently to remain price-competitive on both the physical store and online service fronts, launching short-term price discounting initiatives. These supermarket giants also rely on loyalty programs and promotions. Coles and Woolworths have displayed interest in data analytics, strengthening their relationships with analytics data giants like Palantir to optimise their marketing and operational processes. The ACCC's landmark supermarkets inquiry, while not finding evidence of price gouging, identified 20 key recommendations that would ensure a more sustainable market and avoid oligopolistic exploitation. Supermarket and grocery revenue rose significantly following the COVID-19 outbreak. A combination of panic buying, along with the suspension of many specials and promotions in supermarkets, boosted grocery turnover at the beginning of the period, spiking revenue for the two years through 2020-21. This high benchmark at the start of the period has resulted in an industry correction and an annualised revenue contraction of 0.4% to $144.3 billion over the five years through 2025-26. Revenue is estimated to climb 0.4% in 2025-26, reflecting the price-driven industry growth that falling tobacco sales have offset. Supermarkets and grocery stores are set to perform well, with industry revenue slated to climb at an annualised 1.5% through 2030-31 to $155.6 billion. Population growth will remain a key growth factor that stores rely on, as many continue a volume-driven business approach to generating revenue. Should the transparency-related recommendations from the ACCC's inquiry be implemented, some price-driven growth may be curtailed. Eventually, when inflationary pressures subside and consumer sentiment returns to a positive level, supermarkets and grocers will be well-positioned to take advantage of consumer appetite for value-added and premium goods. Strong growth in online sales is set to continue.

While industry revenue initially climbed as the pandemic wound down, a result of the low cost of borrowing and the abundance of household savings generated during national lockdowns, the years afterwards have proven less than ideal for retailers. With falling consumer sentiment and reduced real household disposable incomes to contend with, the Specialist Grocery Retailing industry has seen revenue slump, and it’s expected to have dropped at an annualised 1.3% over the five years through 2024-25. Consumers have gravitated towards supermarkets for their daily and special occasion food purchases, chasing more affordable options and forgoing boutique products offered by specialist grocery retailers. This change in consumer budgets has left industry revenue at $1.9 billion in 2024-25, an anticipated 2.2% drop on the previous year's figure. Critical industry inputs, like beef, poultry, vegetables and fruit, have all risen in price relative to pre-pandemic levels. Fierce competition from the Supermarkets, Grocery Stores and Convenience Stores industry has prevented retailers from passing these heightened costs on to customers, cutting into industry profit margins. Businesses have reduced employment numbers and prioritised casual employees over full-time staff, lowering spending on wages to limit profitability falls. The industry will take solace in New Zealand's improving economic landscape. In the coming years, real household disposable income will improve, giving consumers more room in their budgets for the industry’s gourmet or boutique goods. A growing awareness of the impact of pesticides and added hormones will allow the industry to expand and capitalise on its offering of organic and free-range farmed products. That’s why revenue for specialised grocery retailers is projected to expand at an annualised 1.9% for the five years through 2029-30 to $2.1 billion.