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 increases hit the egg category the hardest between December 2021 and December 2024 in the United States. The price of eggs increased by 8.25 percent in 2024.

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.

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).

Cost of food in India increased 0.99 percent in May 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.

From December 2023 to December 2024, fruit prices grew by over 11 percent, while vegetable prices grew by approximately 8.6 percent. However, milling products such as flour and cereals dropped by 4.5 percent in price and sugar by 7.3 percent.

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.

Cost of food in Nigeria increased 21.14 percent in May 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 December 2024, the inflation rate for food in the European Union (EU) reached 2.4 percent compared to the same month the year prior. Starting in the beginning of 2022, food prices started to rise rapidly. In March 2023, the food inflation rate in the EU reached its peak at 19.19 percent. Since April 2023, the rate started to decrease. Food inflation in Europe One of the main drivers of the increase in consumer prices was the rapid rise in energy prices. In the energy sector, the harmonized index of consumer prices inflation of the EU, a concept to measure and compare inflation internationally, was at 41.1 percent in June 2022, whereas the other categories were all below 10 percent. In Germany, the year-on-year consumer price index development for food and beverages was at 12.33 percent in the year 2023, just a slight dip from the all-time high of 12.51 percent in 2022. By 2024, this had dropped to 1.92 percent. There are a number of ways in which European consumers are trying to save on food costs due to rising prices. The most popular way to deal with the rising food prices is to reduce at-home food waste. An average of about half of consumers in selected European countries stated that this is how they responded to the price increases. Other popular ways were to buy only the essentials or to purchase mostly store brands. Food inflation worldwide In 2022, Europe and Central Asia were the regions with the highest food inflation rates worldwide. The rate of food inflation in those regions was about 18 percent in 2022, which is more than twice as high as it was in the previous year. In Latin America and the Caribbean, the food inflation rate rose from 5.4 to 11.9 percent during the same period. When categorized by income classification, low-income countries have significantly higher food price inflation, as compared to lower-middle-, upper-middle-, and high-income countries. On average, low-income countries had a food price inflation rate of about 30 percent in 2023. The world average rate was at 6.5 percent. Zimbabwe was the country with the highest level of real food inflation worldwide. The southern African country experienced a food inflation of approximately 46 percent in 2024. This was more than two times as high as in any other country in the world.

Avg Purchasing Price: OKPD2: Food: Herring: Frozen data was reported at 141,459.390 RUB/Metric Ton in Jan 2025. This records a decrease from the previous number of 204,211.660 RUB/Metric Ton for Dec 2024. Avg Purchasing Price: OKPD2: Food: Herring: Frozen data is updated monthly, averaging 74,648.430 RUB/Metric Ton from Jan 2017 (Median) to Jan 2025, with 97 observations. The data reached an all-time high of 204,211.660 RUB/Metric Ton in Dec 2024 and a record low of 46,472.710 RUB/Metric Ton in Feb 2017. Avg Purchasing Price: OKPD2: Food: Herring: Frozen data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Prices – Table PH001: Average Purchasing Price: Food Products.

Between December 2023 and April 2024, Zimbabwe was the country with the highest level of real food inflation worldwide. Compared to the previous year, food prices had increased by 46 percent in Zimbabwe. Argentina ranked in second place with 20 percent.

Cost of food in Egypt increased 20.80 percent in January 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.

Monthly average retail prices for selected 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.

Cost of food in South Africa increased 4.80 percent in May 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.

Key information about Brazil CPI: Food and Non Alcoholic Beverage Change

• Brazil CPI: Food and Non Alcoholic Beverage Change was reported at 7.700 % in Dec 2024.
• This records an increase from the previous number of 7.625 % for Nov 2024.
• Brazil CPI: Food and Non Alcoholic Beverage Change data is updated monthly, averaging 7.646 % from Jul 1990 to Dec 2024, with 414 observations.
• The data reached an all-time high of 5,266.789 % in Jun 1994 and a record low of -2.317 % in Nov 2017.
• Brazil CPI: Food and Non Alcoholic Beverage Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: CPI: Food and Non Alcoholic Beverage: Y-o-Y Growth: Monthly.

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.

Key information about Colombia CPI: Food and Non Alcoholic Beverage Change

• Colombia CPI: Food and Non Alcoholic Beverage Change was reported at 4.563 % in Feb 2025.
• This records an increase from the previous number of 4.496 % for Jan 2025.
• Colombia CPI: Food and Non Alcoholic Beverage Change data is updated monthly, averaging 8.227 % from Dec 2019 to Feb 2025, with 63 observations.
• The data reached an all-time high of 27.812 % in Dec 2022 and a record low of 1.736 % in Mar 2024.
• Colombia CPI: Food and Non Alcoholic Beverage Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: CPI: Food and Non Alcoholic Beverage: Y-o-Y Growth: Monthly.

United States EP: Mfg: Food: Others: All Other: Miscellaneous data was reported at 106.400 Dec2023=100 in Dec 2024. This records a decrease from the previous number of 107.700 Dec2023=100 for Nov 2024. United States EP: Mfg: Food: Others: All Other: Miscellaneous data is updated monthly, averaging 107.400 Dec2023=100 from Dec 2023 (Median) to Dec 2024, with 13 observations. The data reached an all-time high of 111.100 Dec2023=100 in Sep 2024 and a record low of 100.000 Dec2023=100 in Dec 2023. United States EP: Mfg: Food: Others: All Other: Miscellaneous data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.JA118: Export Price Index: by NAICS.

United States PPI: Mfg: Food: FP: FZ: FV: PP: Miscellaneous Receipts data was reported at 1,099.820 Jun1997=100 in Jan 2025. This records a decrease from the previous number of 1,192.572 Jun1997=100 for Dec 2024. United States PPI: Mfg: Food: FP: FZ: FV: PP: Miscellaneous Receipts data is updated monthly, averaging 170.700 Jun1997=100 from Jun 1997 (Median) to Jan 2025, with 207 observations. The data reached an all-time high of 1,192.572 Jun1997=100 in Dec 2024 and a record low of 98.700 Jun1997=100 in Nov 1998. United States PPI: Mfg: Food: FP: FZ: FV: PP: Miscellaneous Receipts data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I083: Producer Price Index: by Industry: Manufacturing: Food.

The performance of the hospitality sector, consumer spending habits and supermarket demand are the key factors affecting the Grocery Wholesaling industry. Over the five years through 2024-25, revenue is forecast to grow at a compound annual rate of 2% to £44.2 billion, including an anticipated hike of 0.7% in 2024-25. Inflation has played a big role in the industry’s recent performance. Food prices reached record highs in March 2023, with the Office for National Statistics reporting they climbed by 19.3% over the year, primarily due to the Russia-Ukraine conflict. Consumers responded to sky-high prices by trading down and eating out less, denting sales to supermarkets and hospitality venues; still, rising prices kept revenue growing. Food inflation has since fallen considerably, paving the way for growth in consumer confidence. However, food prices rose by 3.3% in the year to January 2025. While this is much lower than the peak in March 2023, food inflation had been trending downward in previous months (October to December 2024). High prices have limited sales volumes and increased the rate of wholesale bypass. Revenue is slated to swell at a compound annual rate of 2% over the five years through 2029-30 to £48.7 billion. As inflation stabilises, pressure on household finances will ease and boost consumer confidence. According to the Bank of England's projections in February 2025, inflation will rise to 3.7% at the end of Q3 2025, before easing slowly back to its target 2% in Q4 2027. This recovery will raise grocery sales, particularly in the hospitality sector. At the same time, consumers will trade up to higher-priced, healthier and sustainably sourced products, boosting revenue and profit. However, threats remain; wholesale bypass, the rise of farmers markets and rising demand for fresh, healthy products will continue to present challenges to grocery wholesalers, eating into sales. Upcoming hikes in the National Living Wage and employers’ National Insurance contributions are set to drive up wholesalers’ costs, hindering profitability.