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.

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

Geographic coverage notes

The data cover the following areas: Afghanistan, Armenia, Bangladesh, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Congo, Dem. Rep., Congo, Rep., Gambia, The, Guinea, Guinea-Bissau, Haiti, Indonesia, Iraq, Kenya, Lao PDR, Lebanon, Liberia, Libya, Malawi, Mali, Mauritania, Mozambique, Myanmar, Niger, Nigeria, Philippines, Senegal, Somalia, South Sudan, Sri Lanka, Sudan, Syrian Arab Republic, Yemen, Rep.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Food and Beverages in U.S. City Average (CPIFABSL) from Jan 1967 to Feb 2025 about beverages, urban, food, consumer, CPI, inflation, price index, indexes, price, and USA.

Cost of food in Canada increased 1.30 percent in February 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.

In February 2025, consumer prices for food products in China decreased by 3.3 percent compared to the same month of the previous year. On an annual average basis, food inflation reached -0.6 percent in 2024. This was lower than overall consumer price inflation, which ranged at 0.2 percent in 2024.

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

        A dataset of monthly food price inflation estimates (aggregated for all food products available in the data) is also available for all countries covered by this modeling exercise.

Geographic coverage notes

The data cover the following sub-national areas: Yangon, Rakhine, Shan (North), Kayin, Kachin, Shan (South), Mon, Tanintharyi, Mandalay, Kayah, Shan (East), Chin, Magway, Sagaing, Market Average

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.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Other Food at Home in U.S. City Average (CUSR0000SAF115) from Jan 1967 to Feb 2025 about urban, food, consumer, CPI, housing, inflation, price index, indexes, price, and USA.

Cost of food in Netherlands increased 4.30 percent in February 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.

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.

Graph and download economic data for Global price of Food index (PFOODINDEXM) from Jan 1992 to Jan 2025 about World, food, indexes, and price.

In 2022, the annual average of food price inflation was highest in the European and Central Asian region. Food price inflation reached an average of 18 percent here. In comparison, inflation reached an average of 5.9 percent in East Asia and the Pacific region, making it the least impacted region in 2022.

In October 2024, the inflation rate for food prices in the United Kingdom was measured at 1.9 percent. A period of continuous deflation between March 2015 and January 2017 preceded a return to a sustained rise of the cost of food from February 2017 onwards. While food prices were deflating between September 2020 and July 2021, they started increasing rapidly from August 2021 to March 2023. The inflation rate started to decline from April 2023. Inflation rate and consumer price indexInflation is commonly measured via the consumer price index, which illustrates changes to prices paid by consumers for a representative basket of goods and services. An annualized percentage change in the price index constitutes a measure of inflation. In order to maintain an inflation rate at a stable level, to enable the general public and businesses to plan their spending, the Government set a two percent inflation target for the Bank of England. The discounter boom The increase in food prices in the United Kingdom has shifted shopping behaviours amongst consumers. Value is now key and shoppers are changing their retailer loyalties. Aldi, the German discount supermarket retailer, overtook Morrisons as Great Britain's fourth largest supermarket in September of 2022. Aldi's market share reached double digits for the first time in April 2023. It is yet to be seen if Lidl, Aldi's discounter competitor, can also continue to rise up in the ranks and eventually take over Morrisons as the fifth leading food retailer.

Cost of food in India increased 3.75 percent in February 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.

In January 2025, the inflation rate of food prices in Brazil increased by 7.25 percent compared to the same month of the previous year.

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

        A dataset of monthly food price inflation estimates (aggregated for all food products available in the data) is also available for all countries covered by this modeling exercise.

Geographic coverage notes

The data cover the following sub-national areas: Ouaddai, Salamat, Wadi Fira, Sila, Ennedi Est, Batha, Tibesti, Logone Oriental, Logone Occidental, Guera, Hadjer Lamis, Lac, Mayo Kebbi Est, Chari Baguirmi, Ennedi Ouest, Borkou, Tandjile, Mandoul, Moyen Chari, Mayo Kebbi Ouest, Kanem, Barh El Gazal, Ndjaména, Market Average

The annual FAO Food Price Index* (FFPI) averaged 124.7 points in 2023, down 20 points from 2022. The highest value for the index in the past ten years was reached in 2022.

The Consumer Price Index (CPI) for food is a component of the all-items CPI. The CPI measures the average change over time in the prices paid by urban consumers for a representative market basket of consumer goods and services. While the all-items CPI measures the price changes for all consumer goods and services, including food, the CPI for food measures the changes in the retail prices of food items only.This record was taken from the USDA Enterprise Data Inventory that feeds into the https://data.gov catalog. Data for this record includes the following resources: Web page with links to Excel files For complete information, please visit https://data.gov.

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).

Monthly indexes and percentage changes for selected sub-groups of the food component of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse and Yellowknife. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.