food prices

World food prices rose during January and remained near ten-year highs. The United Nation’s Food and Agricultural Organization vegetable oils pushed prices higher. According to Reuters the Food Price Index tracks the most globally-traded food commodities. The ...

Retail food prices increased by 3.5% in 2021, equal to the rate in 2020 and greater than the historical annual average of two percent from 2000 to 2019. However, Economic Research Service expects less inflation this year. USDA projects that prices for food-at-home, purchased typically from grocery stores, will increase between 1 ...

Blame it on COVID, supply problems, or any number of other factors, but when 2021 figures are totaled, the USDA estimates the American people will have seen two years of accelerated food price increases.  3.5% for grocery stores in 2020...an ...

During COVID-19 and the economic recession of 2020, the share of consumers’ disposable personal income spent on food dropped 10.1% from the previous year to 8.62%. The USDA said that’s the lowest share in the past 60 years. Disposable Personal Income is the amount of money that consumers have left to spend or save after paying taxes. The share ...

The USDA says the Consumer Price Index for Food moved higher in November, rising 0.5% from October to reach levels that are 6.1% higher year-over-year. The level of food price inflation varies depending on whether the food was purchased for consumption at home or away from home ...

The world food price barometer surged to a new peak reaching its highest level since July 2011. The Food and Agriculture Organization of the United Nations released its monthly report last week, which tracks changes in the international prices of a basket of food commodities ...

Food prices are continue to rise, and consumers across the country are adjusting their shopping habits. A recent Successful Farming article said food aid agencies are also ramping up their support efforts. Overall, food prices were 4.6% higher in September than last year ...

The recent consumer prince index report surprised a lot of analysts showing higher than expected inflation during September and among food, the inflation leaders. Grocery store food prices rose an average of 1.1% last month. Agriculture department analyst Carolyn Chelius says food prices, on average, rise by only about 2% by an entire year ...

When purchasing meat at your local grocery store, you've probably noticed that prices have ticked higher over the last 18 months. "That's not going to slow within 2021," said USDA Economist Carolyn Chelius. She added compared to this time one year ago we're paying 12% more for beef, over 6% more for poultry, and almost 10% more for pork ...

The monthly Consumer Price Index shows a further increase in food prices. The food index increased 0.4% in August after larger increases in recent months. The food at home index increased 0.4% over the month as four of the six major grocery store food group indexes rose ...