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.

When surveyed in March 2025, some 69 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.

Food Price Index in World decreased to 127.70 Index Points in May from 128.70 Index Points in April of 2025. This dataset includes a chart with historical data for World Food Price Index.

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.

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.

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.

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.

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.

In April 2025, the food price index in New Zealand had risen by around 2.1 percent in comparison to the same period of the previous year. The rising cost of food products contributed to the overall increasing cost of living in the country.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.