United States Food Inflation  Forecast 2016-2020

Food Inflation in the United States is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in the United States to stand at 1.30 in 12 months time. In the long-term, the United States Food Inflation is projected to trend around 1.90 percent in 2020, according to our econometric models.

United States Food Inflation
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Forecast Actual Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
Food Inflation 0.9 1 1.2 1.2 1.3 1.9 percent
United States Food Inflation Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States Food Inflation using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United States Food Inflation - was last predicted on Tuesday, July 25, 2017.



United States Prices Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 1.6 2 2 2.2 2.3 2.5
Inflation Rate Mom 0 0.3 0.2 0.3 0.1 0.1
Consumer Price Index CPI 244 245 246 247 248 268
Core Consumer Prices 252 253 254 255 256 265
Core Inflation Rate 1.7 1.74 1.73 1.74 1.74 1.74
GDP Deflator 113 114 115 115 115 134
Producer Prices 113 113 114 115 116 130
Producer Prices Change 2 2.3 2.2 2.4 2.5 2.2
Export Prices 122 121 121 121 121 119
Import Prices 122 122 122 122 122 122
Food Inflation 0.9 1 1.2 1.2 1.3 1.9
Pce Price Index 112 112 114 113 113 121
Inflation Expectations 2.54 2.42 2.51 2.64 2.64 2.64
Core Pce Price Index 113 113 114 114 114 120
Cpi Housing Utilities 252 253 255 257 258 274
Cpi Transportation 201 203 203 205 206 204