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.

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.

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.

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.

Food Price Index in World decreased to 127.70 Index Points in May from 128.70 Index Points in April of 2025. This dataset includes a chart with historical data for World Food Price Index.

This table contains a selection of weighted average retail prices for the current and previous months. These weighted average retail prices were calculated from prices collected in the June 2006 month. Subsequent months' weighted average prices are then calculated by applying price index movements for the relevant items. These are not statistically accurate measures of average transaction price levels, but are reliable indicators of percentage changes in prices.

Cost of food in Jamaica increased 6.46 percent in May of 2025 over the same month in the previous year. This dataset provides - Jamaica Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Lebanon increased 21.36 percent in May 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.

The Iranian baby food market dropped modestly to $652M in 2024, waning by -3.9% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $726M in 2016; however, from 2017 to 2024, consumption remained at a lower figure.

When surveyed in January 2025, some 60 percent of respondents in Brazil stated that they expected grocery prices to increase. The month in which the largest number of consumers expected food prices to rise was April 2022, with 85 percent of respondents.

The U.S. frozen specialty food market rose slightly to $22.5B in 2024, picking up by 1.5% against the previous year. The market value increased at an average annual rate of +1.8% from 2013 to 2024; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market hit record highs in 2024 and is likely to see gradual growth in years to come.

When surveyed in March 2024, some 76 percent of respondents in the U.S. stated that they expected grocery prices to increase. This figure peaked at 80 percent in April 2024.

Cost of food in Canada increased 3.40 percent in May 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.

Canned food exports from Argentina expanded notably to 101K tons in 2023, increasing by 14% on the previous year.

When surveyed in March 2025, some 69 percent of respondents in Italy stated that they expected grocery prices to increase. This figure has decreased from the peak of 85 percent in June 2022. The lowest figure was recorded in September 2021, when about half of the respondents expected an increase in food prices.

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

In April 2025, food prices in Italy rose by 3.2 percent compared to the same month the previous year. Late 2022 and early 2023 experienced the highest growth in food inflation, with November 2022 showing prices 13.6 percent higher than in November 2021.

The Bulgarian canned food market expanded notably to $361M in 2024, with an increase of 7.1% against the previous year. Overall, the total consumption indicated pronounced growth from 2012 to 2024: its value increased at an average annual rate of +3.2% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -9.0% against 2022 indices.

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 South Korean canned food market fell modestly to $7.7B in 2024, waning by -4% against the previous year. Overall, consumption, however, recorded a temperate increase. Canned food consumption peaked at $11.6B in 2019; however, from 2020 to 2024, consumption remained at a lower figure.