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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Graph and download economic data for Consumer Price Index for All Urban Consumers: Food in U.S. City Average (CPIUFDNS) from Jan 1913 to May 2025 about urban, food, consumer, CPI, inflation, price index, indexes, price, and USA.
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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.
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 8.4 percent. While eggs had the highest inflation acroos all food categories in 2024.
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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.
According to a survey carried out between October and November 2024, consumers in Hungary were the most likely to be expecting food prices to increase. Some 86 percent of South African survey respondents stated they expected the cost of their food shopping to increase in the coming six months. In comparison, half of Japanese respondents said the same.
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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.
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Cost of food in Singapore increased 1.10 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Singapore 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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Thailand: Food price index, world average = 100: The latest value from 2021 is 84.21 index points, an increase from 79.409 index points in 2017. In comparison, the world average is 105.854 index points, based on data from 165 countries. Historically, the average for Thailand from 2017 to 2021 is 81.81 index points. The minimum value, 79.409 index points, was reached in 2017 while the maximum of 84.21 index points was recorded in 2021.
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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.
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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.
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Ghana: Food price index, world average = 100: The latest value from 2021 is 111.31 index points, an increase from 101.488 index points in 2017. In comparison, the world average is 105.854 index points, based on data from 165 countries. Historically, the average for Ghana from 2017 to 2021 is 106.399 index points. The minimum value, 101.488 index points, was reached in 2017 while the maximum of 111.31 index points was recorded in 2021.
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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.
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Singapore: Food price index, world average = 100: The latest value from 2021 is 130.75 index points, an increase from 127.302 index points in 2017. In comparison, the world average is 105.854 index points, based on data from 165 countries. Historically, the average for Singapore from 2017 to 2021 is 129.026 index points. The minimum value, 127.302 index points, was reached in 2017 while the maximum of 130.75 index points was recorded in 2021.
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 **** percent in 2024.
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Trinidad and Tobago: Food price index, world average = 100: The latest value from 2021 is 135.92 index points, an increase from 134.92 index points in 2017. In comparison, the world average is 105.854 index points, based on data from 165 countries. Historically, the average for Trinidad and Tobago from 2017 to 2021 is 135.42 index points. The minimum value, 134.92 index points, was reached in 2017 while the maximum of 135.92 index points was recorded in 2021.
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Cost of food in Tunisia increased 6.70 percent in May of 2025 over the same month in the previous year. This dataset provides - Tunisia Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The United Kingdom: Food price index, world average = 100: The latest value from 2021 is 109.1 index points, an increase from 106.357 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 United Kingdom from 2017 to 2021 is 107.729 index points. The minimum value, 106.357 index points, was reached in 2017 while the maximum of 109.1 index points was recorded in 2021.
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.
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Germany: Food price index, world average = 100: The latest value from 2021 is 124.86 index points, an increase from 116.028 index points in 2017. In comparison, the world average is 105.854 index points, based on data from 165 countries. Historically, the average for Germany from 2017 to 2021 is 120.444 index points. The minimum value, 116.028 index points, was reached in 2017 while the maximum of 124.86 index points was recorded in 2021.
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.