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.

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.

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.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Food in U.S. City Average (CPIUFDNS) from Jan 1913 to Jun 2025 about urban, food, consumer, CPI, inflation, price index, indexes, price, and USA.

According to a survey conducted monthly between April 2022, and March 2023, due to rising prices, some U.S. consumers have decided to reduce their grocery spending. On October 23, 41 percent of respondents said they had repeatedly held back from buying something at the grocery store, while 21 percent said they had not. On April 3, and May 1, of 2022, 30 percent stated reducing their grocery spending many times.

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.

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.

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 *** percent. The increase of CPI for food compared to the previous year was the highest in 2022, at *** percent.

United States - Producer Price Index by Industry: Supermarkets and Other Grocery Stores: Supermarket and Other Grocery Store Services was 287.53100 Index Dec 1999=100 in May 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 290.16800 in February 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 July of 2025.

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.

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.

According to a June 2022 global survey, most e-shoppers reported rising prices for groceries being an issue while online shopping. Nearly ** percent of shoppers in Brazil stated that increased food prices influenced their shopping behavior, while South Korea had the second-highest number of respondents reporting the issue, at ** percent.

Online food market Worldwide, China is home to the largest online food delivery market by revenue. In 2022, China's online food delivery market was valued at roughly *** billion U.S. dollars. The online food delivery market in the United States ranked second, with almost *** billion U.S. dollars in revenue. The United Kingdom (UK) and India were among the leading countries, with ** billion and ** billion U.S. dollars, respectively. While China leads in revenue, online food delivery penetration is the highest in the UK. In 2022, almost three-quarters of UK shoppers purchased meals via the internet, whereas only slightly more than half of Chinese consumers had done the same.

Inflation hits grocery prices The impact of inflation on food prices can be seen throughout the world. In the United States, it has adversely affected online grocery since June 2021. For instance, year-on-year inflation for groceries stood at **** percent in October 2022. Consumers in the UK are the most worried about rising food prices. In November 2022, eight out of ten UK shoppers expected grocery prices to rise further in the following months. In Europe, shoppers are changing their grocery purchasing habits due to inflation. Half of Europeans are trying private-label brands, and ** percent are straying from their go-to brand. As a result of inflation, ** percent are now shifting away from brick-and-mortar stores to online grocery shopping.

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

        A dataset of monthly food price inflation estimates (aggregated for all food products available in the data) is also available for all countries covered by this modeling exercise.

Geographic coverage notes

The data cover the following sub-national areas: North, South, Artibonite, Centre, South-East, Grande'Anse, North-East, West, North-West, Market Average

Nassau was the city with the highest grocery prices in Latin America and the Caribbean, as of mid-2020. The capital city of Bahamas scored ***** in the grocery price index ranking that year, followed by the Puerto Rican capital of San Juan, with an index score of *****. According to the calculation system used for the ranking, this means that people living in these two cities paid for groceries ***** percent and ***** percent less than the inhabitants of New York City, the city used as base for the index.

Cost of food in Haiti increased 29.90 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Haiti Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The average for 2021 based on 27 countries was 119.106 index points. The highest value was in Luxembourg: 150.46 index points and the lowest value was in Romania: 81.63 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

ABSTRACT Food prices play a major role in setting inflation rates, and in recent years’ global climatic conditions has worsened a lot while global demand is increasing due to the growth of the middle class in countries such as China and India. Rising food prices remains a key concern for the government of Saudi Arabia. Saudi Arabia remains vulnerable to increases in food prices due to its high dependence on imports. The Saudi economy is an open-market based economy which is reflected by data of foreign trade with trading partners of the Kingdom. High degree of economic openness of a country causes the domestic inflation rate to be affected by change in the prices of goods in the country of origin. Saudi government is facing the challenge of limiting inflation amid a spike in global food prices. Another major challenge to the effectiveness of the Saudi monetary policy is the lack of autonomy due to the pegged exchange rate system with the US dollar. This paper attempts to study the market dynamics of the kingdom of Saudi Arabia, drivers responsible for inflation and measures that has been taken by the government to deal with the situation.

Cost of food in India decreased 1.06 percent in June 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 average for 2021 based on 10 countries was 89.847 index points. The highest value was in Singapore: 130.75 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.