food prices

Food prices rose again in July, according to the latest Consumer Price Index. The food index increased 0.7% in July as five of the major grocery store food group indexes rose, and the food away from home index increased 0.8%. The index for food at home also rose 0 ...

Retail food prices have increased 1.6% in the first six months of 2021, less than the rate over the same period last year. The Department of Agriculture’s Economic Research Service (ERS) said the 2021 increase is equal to the historical average over the same six months from 2000 to 2019. I ...

Americans planning on celebrating the 4th of July holiday with a cookout will enjoy lower prices this year, compared to last. Veronica Nigh with the American Farm Bureau Federation said the average cost of a summer cookout for 10 people remains fairly affordable at $59 ...

Emerging markets across the globe that are struggling to get COVID-19 vaccines may be in for yet another serious challenge: food inflation. The United Nations Food and Agriculture Organization said last week that its global food price index hit its highest mark since September of 2011 ...

You've heard it since you were a kid: for good health, eat more fresh fruits. But, to do it, it's going to cost you more. USDA Economist and Food Price Tracker, Carolyn Chelius, said consumers in 2019 and 2020 got a break on fresh fruits with prices down both years ...

The January Food Price Index averaged 113.3 points, or 4.3% higher than in December 2020. That marks eight straight months of increases for the index and the highest monthly average since July 2014. The latest increase reflected strong gains in the sugar, cereals and vegetable oils sub-indices, while meat and dairy values were also up but to a lesser extent ...

When 2020 started, USDA economists were forecasting food prices for that year would rise only about half a percent, maybe one and a half; but then came COVID-19. So, as we look back on 2020, we see prices that ended up rising 3.5%; the biggest rise in almost a decade ...

The USDA recently announced that food prices will likely increase 1%-2% in the New Year. It looks like that trend will be felt across Canada as well. Dennis Guy reports that those north of the border are preparing for record food prices in 2021 ...

According to the latest numbers from the USDA, the average American spent about 3.5% more on food at the grocery store compared to what was spent in 2019; the biggest year-over-year jump reported in a decade. A lot of those price spikes came early in the year brought on by disruptions in the supply chain caused by COVID-19 ...

For food shoppers, 2020 has been one of those years where almost everything at the local grocery store moved up in price. In her latest food price forecast for the entire year, USDA Economist, Caroline Shelley, said there's only one food category where prices may not increase from 2019 to 2020; fresh fruit ...