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.

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.

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.

Cost of food in Egypt increased 6.90 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Egypt Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This dataset holds valuable insights that can be leveraged by researchers, analysts, and policymakers to better understand the complex interactions between financial markets and food price inflation. Here are some potential insights that users could gain from this dataset:

Market-Food Price Correlation: By examining the relationship between financial market data (Open, High, Low, Close) and food price inflation, users can identify potential correlations. For example, they may uncover patterns where food price inflation impacts market sentiment or vice versa.

Food price inflation has affected the spending habits on edibles of the majority of Japanese consumers, according to a survey in May 2025. ************ respondents switched to less expensive products from the same genre, whereas ***** percent would often stop buying the food items affected by price hikes.

Cost of food in South Africa increased 5.10 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - South Africa Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mexico's food inflation rate saw an increase of 4.86 percent in May 2025 compared to the same month the previous year. This uptick in food prices continues to impact Mexican households, with the food sector consistently ranking among the categories with the highest inflation rates in the country. The volatility in food prices highlights the ongoing challenges in maintaining stable costs for essential goods in Mexico's economy. Consumer price index trends The Consumer Price Index (CPI) for food in Mexico reached 159.12 in November 2024, up from 150.08 in the same month of the previous year. This increase aligns with the overall inflation trend, as the National Consumer Price Index stood at 136 index points in July 2024. Notably, the food, beverages, and tobacco category had the highest CPI, underscoring the significant impact of food prices on overall inflation. Cereal and cereal product trends Within the food category, different items experienced varying levels of inflation. In November 2024, cereals and cereal based products saw a three percent increase compared to the previous year, while rice prices grew by 8.33 percent. Interestingly, corn tortillas, a staple in Mexican cuisine, experienced a more modest inflation rate of one percent.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Food in U.S. City Average (CPIUFDSL) from Jan 1947 to Jun 2025 about urban, food, consumer, CPI, inflation, price index, indexes, price, and USA.

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.

The food inflation in India fell to around *** percent year-on-year in January 2025. In 2024, the food inflation peaked in October at about ** percent. Impact of inflation Inflation is a key economic indicator of an economy, influencing purchasing power, investments, and economic growth. The rise in food prices, which comprise about **** of the consumer price index (CPI) basket, affects large sections of the Indian population. Supply chain disruptions, increased cost of production, global market dependency, weather conditions, and government policies on minimum support prices are some reasons leading to food inflation. TOP drivers of food inflation Price-sensitive vegetables viz. tomato, onion, and potato (TOP) were the leading drivers of food inflation as per the Economic Survey for the financial year 2025. Experts argue that price pressures are not mainly due to a shortfall in production but post-harvest losses, seasonal production, and regional dispersion in production.  

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.

In March 2025, the inflation rate for food prices in the United Kingdom was measured at three percent. A period of continuous deflation between March 2015 and January 2017 preceded a return to a sustained rise in 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 Lebanon increased 20.79 percent in June of 2025 over the same month in the previous year. This dataset provides - Lebanon Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2022, nearly 57 percent of respondents in the United States stated that they had to pay more for the same item of food or beverages. Moreover, nearly 23 percent of respondents stated that they had to buy substitute products.

Graph and download economic data for Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average (CPILFESL) from Jan 1957 to Jun 2025 about core, headline figure, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

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.

Cost of food in Trinidad And Tobago increased 4.10 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Trinidad And Tobago Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This data package includes the underlying data files to replicate the data, tables, and charts presented in The influence of gasoline and food prices on consumer expectations and attitudes in the COVID era, PIIE Policy Brief 24-3.

Abstract (en): Comparing US states that implemented policies generating state-specific variation in the take-up rate for food stamps, I find that food stamp eligible households experienced lower inflation and a faster increase in product variety in states with a larger increase in take-up (i.e., with increasing demand from the eligible population). Consistent with a causal interpretation, the effects are driven by food products with strong local brands and there is no comparable pattern for ineligible households across the income distribution. Thus, the long-run supply response to changes in demand from food stamp recipients has a first-order impact on the program's cost-benefit analysis.