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.
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.
In the United States, online grocery prices hit a five-year peak in September 2022, when they registered a 14.3 percent year-over-year increase. In the country, the prices of grocery products available online has increased continuously, only lowering to 2.68 percent as of February 2024, marking an unprecedented period of inflation.
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.
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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.
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.
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Cost of food in Puerto Rico increased 3.60 percent in January of 2025 over the same month in the previous year. This dataset provides - Puerto Rico Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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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.
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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.
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The Iranian baby food market contracted to $507M in 2024, waning by -4.1% against the previous year. In general, consumption saw a noticeable curtailment. The pace of growth appeared the most rapid in 2023 with an increase of 8.9% against the previous year. Baby food consumption peaked at $788M in 2016; however, from 2017 to 2024, consumption failed to regain momentum.
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Graph and download economic data for Producer Price Index by Industry: Supermarkets and Other Grocery Stores (PCU445110445110) from Dec 1999 to Feb 2025 about groceries, PPI, industry, inflation, price index, indexes, price, and USA.
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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.
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.
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Food Price Index in World increased to 127.10 Index Points in February from 125.10 Index Points in January of 2025. This dataset includes a chart with historical data for World Food Price Index.
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In 2024, the Hungarian baby food market decreased by -0.7% to $90M, falling for the third year in a row after two years of growth. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $93M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.
When surveyed in January 2025, some 67 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.
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United States - Producer Price Index by Industry: Supermarkets and Other Grocery Stores: Supermarket and Other Grocery Store Services was 286.09300 Index Dec 1999=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Supermarkets and Other Grocery Stores: Supermarket and Other Grocery Store Services reached a record high of 286.09300 in January of 2025 and a record low of 100.00000 in December of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Supermarkets and Other Grocery Stores: Supermarket and Other Grocery Store Services - last updated from the United States Federal Reserve on March of 2025.
Monthly average retail prices for selected food products, for Canada and provinces. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.
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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.
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Cost of food in Jamaica increased 6.57 percent in February 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.
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.