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.
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 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.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Food Away from Home in U.S. City Average (CUUR0000SEFV) from Jan 1953 to Feb 2025 about urban, food, consumer, CPI, housing, inflation, price index, indexes, price, and USA.
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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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.
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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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Graph and download economic data for Global price of Food index (PFOODINDEXM) from Jan 1992 to Jan 2025 about World, food, indexes, and price.
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Georgia Consumer Price Index (CPI): Same Month Previous Year=100: Food and Non Alcoholic Beverages data was reported at 103.662 Same Mth PY=100 in Feb 2025. This records an increase from the previous number of 103.020 Same Mth PY=100 for Jan 2025. Georgia Consumer Price Index (CPI): Same Month Previous Year=100: Food and Non Alcoholic Beverages data is updated monthly, averaging 105.860 Same Mth PY=100 from Jan 2005 (Median) to Feb 2025, with 242 observations. The data reached an all-time high of 130.700 Same Mth PY=100 in May 2011 and a record low of 89.062 Same Mth PY=100 in May 2012. Georgia Consumer Price Index (CPI): Same Month Previous Year=100: Food and Non Alcoholic Beverages data remains active status in CEIC and is reported by National Statistics Office of Georgia. The data is categorized under Global Database’s Georgia – Table GE.I007: Consumer Price Index: Same Month Previous Year=100.
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Cost of food in India increased 3.75 percent in February 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.
The UK inflation rate was three percent in January 2025, up from 2.5 percent in the previous month, and the fastest rate of inflation since March 2024. Between September 2022 and March 2023, the UK experienced seven months of double-digit inflation, which peaked at 11.1 percent in October 2022. Due to this long period of high inflation, UK consumer prices have increased by over 20 percent in the last three years. As of the most recent month, prices were rising fastest in the communications sector, at 6.1 percent, but were falling in both the furniture and transport sectors, at -0.3 percent and -0.6 percent respectively.
The Cost of Living Crisis
High inflation is one of the main factors behind the ongoing Cost of Living Crisis in the UK, which, despite subsiding somewhat in 2024, is still impacting households going into 2025. In December 2024, for example, 56 percent of UK households reported their cost of living was increasing compared with the previous month, up from 45 percent in July, but far lower than at the height of the crisis in 2022. After global energy prices spiraled that year, the UK's energy price cap increased substantially. The cap, which limits what suppliers can charge consumers, reached 3,549 British pounds per year in October 2022, compared with 1,277 pounds a year earlier. Along with soaring food costs, high-energy bills have hit UK households hard, especially lower income ones that spend more of their earnings on housing costs. As a result of these factors, UK households experienced their biggest fall in living standards in decades in 2022/23.
Global inflation crisis causes rapid surge in prices
The UK's high inflation, and cost of living crisis in 2022 had its origins in the COVID-19 pandemic. Following the initial waves of the virus, global supply chains struggled to meet the renewed demand for goods and services. Food and energy prices, which were already high, increased further in 2022. Russia's invasion of Ukraine in February 2022 brought an end to the era of cheap gas flowing to European markets from Russia. The war also disrupted global food markets, as both Russia and Ukraine are major exporters of cereal crops. As a result of these factors, inflation surged across Europe and in other parts of the world, but typically declined in 2023, and approached more usual levels by 2024.
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Bulgaria Consumer Price Index (CPI): Same Mth PY=100: Food and Non Alcoholic Beverages data was reported at 104.408 Same Mth PY=100 in Jan 2025. This records an increase from the previous number of 102.832 Same Mth PY=100 for Dec 2024. Bulgaria Consumer Price Index (CPI): Same Mth PY=100: Food and Non Alcoholic Beverages data is updated monthly, averaging 104.309 Same Mth PY=100 from Jan 1996 (Median) to Jan 2025, with 349 observations. The data reached an all-time high of 2,323.878 Same Mth PY=100 in Feb 1997 and a record low of 84.162 Same Mth PY=100 in Apr 1999. Bulgaria Consumer Price Index (CPI): Same Mth PY=100: Food and Non Alcoholic Beverages data remains active status in CEIC and is reported by National Statistical Institute. The data is categorized under Global Database’s Bulgaria – Table BG.I005: Consumer Price Index: Same Month Previous Year=100.
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United States PPI: Svcs: RT: FB: GR: GS: Supermarkets & Other Grocery Stores (SO) data was reported at 288.982 Dec1999=100 in Jan 2025. This records an increase from the previous number of 276.210 Dec1999=100 for Dec 2024. United States PPI: Svcs: RT: FB: GR: GS: Supermarkets & Other Grocery Stores (SO) data is updated monthly, averaging 163.800 Dec1999=100 from Dec 1999 (Median) to Jan 2025, with 302 observations. The data reached an all-time high of 288.982 Dec1999=100 in Jan 2025 and a record low of 100.000 Dec1999=100 in Dec 1999. United States PPI: Svcs: RT: FB: GR: GS: Supermarkets & Other Grocery Stores (SO) 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.I094: Producer Price Index: by Industry: Services: Retail Trade.
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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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United States PPI: Mfg: Food data was reported at 263.210 Dec1984=100 in Jan 2025. This records an increase from the previous number of 262.290 Dec1984=100 for Dec 2024. United States PPI: Mfg: Food data is updated monthly, averaging 145.050 Dec1984=100 from Dec 1984 (Median) to Jan 2025, with 482 observations. The data reached an all-time high of 263.210 Dec1984=100 in Jan 2025 and a record low of 97.300 Dec1984=100 in Sep 1985. United States PPI: Mfg: Food 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.I077: Producer Price Index: by Industry: Manufacturing: Food.
In January 2024, the seasonally adjusted consumer price index (CPI) for food and beverages in the United States increased by 2.5 percent compared to the same period in 2023. On the other hand, the CPI for food and beverages in the country in January 2023 increased by 9.9 percent compared to the same period a year earlier. The highest change was registered in August 2022, when the consumer price index for food and beverages increased by 10.9 percent compared to August 2021.
In January 2025, the Consumer Price Index including owner occupiers' housing costs (CPIH) inflation rate of the United Kingdom was 3.9 percent, unchanged from the previous month. The inflation rate fell noticeably after the COVID-19 pandemic, but rose sharply between Spring 2021 and Autumn 2022. After peaking at 9.6 percent in October 2022, CPIH inflation declined throughout 2023 and into 2024, falling to 2.6 percent by September of that year, before increasing again in recent months. Cost of living problems persist into 2025 Although it is likely that the worst of the recent inflation surge may have passed, the issues caused by it look set to linger into 2025 and beyond. While the share of households experiencing living cost rises has fallen from 91 percent in August 2022, to 45 percent in July 2024, this share rose towards the end of the year, with more than half of households reporting rising costs in December. Even with lower inflation, overall consumer prices have already increased by around 20 percent in the last three years, rising to almost 30 percent for food prices, which lower income households typically spend more of their income on. The significant increase in people relying on food banks across the UK, is evidence of the magnitude of this problem, with approximately 3.12 million people using food banks in 2023/24. Other measure of inflation While the CPIH inflation rate displayed here is the preferred index of the UK's Office of National Statistics, the Consumer Price Index (CPI) is often more prominently featured in the media in general. An older index, the Retail Price Index (RPI) is also still used by the government to calculate certain taxes, and rail fare rises. Other metrics include the core inflation rate, which measures prices increases without the volatility of food and energy costs, while price increases in goods and services can also be tracked separately. The inflation rate of individual sectors can also be measured, and as of December 2024, prices were rising fastest in the communications sector, at 6.1 percent, with costs falling in the transport and furniture sectors.
In January 2025, the UK inflation rate for goods was one percent and five percent for services. Prices for goods accelerated significantly, sharply between in 2021 and 2022 before falling in 2023. By comparison, prices for services initially grew at a more moderate rate, but have also not fallen as quickly. The overall CPI inflation rate for the UK reached a recent high of 11.1 percent in October 2022 and remained in double-figures until April 2023, when it fell to 8.7 percent. As of December 2024, the UK's inflation rate was 2.5 percent, down from 2.6 percent in the previous month. Sectors driving high inflation In late 2024, communication was the sector with the highest inflation rate, with prices increasing by 6.1 percent as of December 2024. During the recent period of high inflation that eased in 2023, food and energy prices were particular high, with housing and energy inflation far higher than in any other sector, peaking at 26.6 percent towards the end of 2022. High food and energy prices since 2021 have been one of the main causes of the cost of living crisis in the UK, especially for low-income households that spend a higher share of their income on these categories. This is likely one of the factors driving increasing food bank usage in the UK, which saw approximately 3.12 million people use a food bank in 2023/24, compared with 1.9 million just before the COVID-19 pandemic. The global inflation crisis The UK has not been alone in suffering rapid price increases since 2021. After the start of the COVID-19 pandemic, a series of economic and geopolitical shocks had a dramatic impact on the global economy. A global supply chain crisis failed to meet rising demand in 2021, leading to the beginning of an Inflation Crisis, which was only exacerbated by Russia's invasion of Ukraine in February 2022. The war directly influenced the prices of food and energy, as both countries were major exporters of important crops. European imports of hydrocarbons from Russia were also steadily reduced throughout 2022 and 2023, resulting in higher energy prices throughout the year.
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Key information about Georgia CPI: Food and Non Alcoholic Beverage Change
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.