Food price inflation in Latin America and the Caribbean reached 147.11 percent in September 2024 compared to the same month the previous year. This dramatic increase reflects a persistent trend of rising food costs across the region, with some countries experiencing particularly severe inflationary pressures. 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 seven 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 the United States increased 2.60 percent in February 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.

When surveyed in December 2023, some 67 percent of respondents in the U.S. stated that they expected grocery prices to increase. This figure peaked at 81 percent in June 2022.

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.

The average for 2021 based on 17 countries was 95.085 index points. The highest value was in Uruguay: 137.46 index points and the lowest value was in Bolivia: 68.57 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

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

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.

Food Prices for United States of America.

Contains data from the FAOSTAT bulk data service covering the following categories: Consumer Price Indices, Deflators, Exchange rates, Producer Prices

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).

The average for 2021 based on 165 countries was 105.854 index points. The highest value was in South Korea: 208.84 index points and the lowest value was in India: 58.17 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

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.

The average canned food import price stood at $2,794 per ton in September 2024, with a decrease of -5% against the previous month.

Evolution over time of basic food prices in Guatemala, Nicaragua and Honduras expressed in US dollars (USD) according to different sources of information.

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After four years of growth, the U.S. frozen specialty food market decreased by -0.6% to $21.8B in 2024. The market value increased at an average annual rate of +1.5% over the period from 2013 to 2024; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the market attained the peak level at $21.9B in 2023, and then fell in the following year.

The price per unit in the 'Baby Food' segment of the food market in the United States was forecast to continuously increase between 2024 and 2029 by in total two U.S. dollars (+8.55 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 25.34 U.S. dollars and therefore a new peak in 2029. Notably, the price per unit of the 'Baby Food' segment of the food market was continuously increasing over the past years.Find other key market indicators concerning the revenue and volume. The Statista Market Insights cover a broad range of additional markets.

Graph and download economic data for Index of Wholesale Prices of Commodities Other Than Farm Products and Foods for United States (M04193USM350NNBR) from Jan 1890 to Dec 1970 about wholesale, agriculture, food, commodities, price index, indexes, price, and USA.

This table contains data on the average cost of a market basket of nutritious food items relative to income for female-headed households with children, for California, its regions, counties, and cities/towns. The ratio uses data from the U.S. Department of Agriculture and the U.S. Census Bureau. The table is part of a series of indicators in the Healthy Communities Data and Indicators Project of the Office of Health Equity. An adequate, nutritious diet is a necessity at all stages of life. Inadequate diets can impair intellectual performance and have been linked to more frequent school absence and poorer educational achievement in children. Nutrition also plays a significant role in causing or preventing a number of illnesses, such as cardiovascular disease, some cancers, obesity, type 2 diabetes, and anemia. At least two factors influence the affordability of food and the dietary choices of families – the cost of food and family income. The inability to afford food is a major factor in food insecurity, which has a spectrum of effects including anxiety over food sufficiency or food shortages; reduced quality or desirability of diet; and disrupted eating patterns and reduced food intake. More information about the data table and a data dictionary can be found in the Attachments.

United States Agricultural Price Index: Received by Farmers: Food Commodities data was reported at 88.800 2011=100 in Oct 2018. This records a decrease from the previous number of 90.600 2011=100 for Sep 2018. United States Agricultural Price Index: Received by Farmers: Food Commodities data is updated monthly, averaging 101.000 2011=100 from Jan 2010 (Median) to Oct 2018, with 106 observations. The data reached an all-time high of 126.000 2011=100 in Apr 2014 and a record low of 81.000 2011=100 in Feb 2010. United States Agricultural Price Index: Received by Farmers: Food Commodities data remains active status in CEIC and is reported by National Agricultural Statistics Service. The data is categorized under Global Database’s United States – Table US.I043: Agricultural Price Index.

The Quarterly Food-Away-From-Home Prices (QFAFHP) data set provides quarterly prices (not including taxes) for food away from home (FAFH) and alcohol, both at home and away from home. Food away from home is an integral component of the typical American diet and food budget; it also plays a key role in the nutrition and health of Americans. Data on variation in food prices over time and across regions allow researchers to estimate how price changes affect the demand for different products—such as through changes in quantities purchased or expenditures—and, to examine how changes in demand, in turn, affect nutritional and health outcomes.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: Quarterly Food-Away-From-Home Prices For complete information, please visit https://data.gov.

In the 52 weeks ending on June 18, 2023, the pet food product with the most significant price per unit increase was semi/moist cat food, with about 66 percent. The two products with the lowest cost per unit increase were dog and cat treats.