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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.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Other Foods in U.S. City Average (CUSR0000SEFT) from Jan 1981 to May 2025 about urban, food, consumer, CPI, inflation, price index, indexes, price, and USA.
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 ******, compared to the period from 1982 to 1984 (=100).
When surveyed in March 2024, some ** percent of respondents in the U.S. stated that they expected grocery prices to increase. This figure peaked at ** percent in April 2024.
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.
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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 May 2025 about urban, food, consumer, CPI, housing, inflation, price index, indexes, price, and USA.
In the U.S., the consumer price index (CPI) of food increased across many categories from 2022 to 2023. Cereal and bakery products saw the most drastic change between 2022 and 2023, when the CPI for this category increased by *** percent. While eggs had the highest inflation acroos all food categories in 2024.
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The average for 2021 based on 20 countries was 129.611 index points. The highest value was in Bermuda: 205.33 index points and the lowest value was in Nicaragua: 81.53 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.
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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.
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.
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.
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The USA: Food price index, world average = 100: The latest value from 2021 is 117.52 index points, a decline from 123.827 index points in 2017. In comparison, the world average is 105.854 index points, based on data from 165 countries. Historically, the average for the USA from 2017 to 2021 is 120.674 index points. The minimum value, 117.52 index points, was reached in 2021 while the maximum of 123.827 index points was recorded in 2017.
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The average canned food import price stood at $2,794 per ton in September 2024, with a decrease of -5% against the previous month.
In February 2025, the seasonally adjusted consumer price index (CPI) for food and beverages in the United States increased by *** percent compared to the same period in 2024. The highest change was registered in August 2022, when the consumer price index for food and beverages increased by **** percent compared to August 2021.
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.
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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.
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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.
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.
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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.
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United States CPI U: FB: Food: Food at Home (Home) data was reported at 239.158 1982-1984=100 in Jun 2018. This records a decrease from the previous number of 239.287 1982-1984=100 for May 2018. United States CPI U: FB: Food: Food at Home (Home) data is updated monthly, averaging 98.400 1982-1984=100 from Jan 1947 (Median) to Jun 2018, with 858 observations. The data reached an all-time high of 243.779 1982-1984=100 in Oct 2015 and a record low of 24.300 1982-1984=100 in Feb 1947. United States CPI U: FB: Food: Food at Home (Home) data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I002: Consumer Price Index: Urban.
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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.