September’s U.S. Food Price Index rose 0.7 percent from August, with the highest growth again seen for prices of food from home, up 0.9 percent that month. Fats and oils, fresh vegetables, and sugar and sweets saw the fastest gains month on month.

For 2022 to date, all food prices are up nearly 9 percent YOY.

Categories with the highest YOY gains include fats and oils (up 22 percent YOY), cereals and bakery products (up 16 percent), processed fruits and vegetables (up 16 percent), and other foods (up 15 percent).

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Food Price Indexes, select categories

Source: ERS, BLS, McKeany-Flavell
Posted by: Information Services
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