Cost of food in the United States increased 6.30 percent in December of 2021 over the same month in the previous year. It is the highest food inflation since October of 2008. source: U.S. Bureau of Labor Statistics

Food Inflation in the United States averaged 3.40 percent from 1914 until 2021, reaching an all time high of 36.70 percent in May of 1917 and a record low of -34.30 percent in June of 1921. This page 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. United States Food Inflation - values, historical data and charts - was last updated on January of 2022.

Food Inflation in the United States is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Food Inflation is projected to trend around 2.00 percent in 2023 and 2.10 percent in 2024, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
United States Food Inflation

Related Last Previous Unit Reference
Inflation Rate 7.00 6.80 percent Dec/21
Inflation Rate Mom 0.50 0.80 percent Dec/21
Consumer Price Index CPI 280.19 278.88 points Dec/21
Core Inflation Rate 5.50 4.90 percent Dec/21
Core Consumer Prices 284.76 283.20 points Dec/21
Producer Prices 131.48 131.26 points Dec/21
Producer Prices Change 9.70 9.80 percent Dec/21
Export Prices 143.90 146.60 points Dec/21
Import Prices 137.50 137.80 points Dec/21
Food Inflation 6.30 6.10 percent Dec/21
CPI Transportation 246.50 245.53 points Dec/21
CPI Housing Utilities 287.51 286.31 points Dec/21
CPI Core Core 4.50 4.10 percent Dec/21