Consumer price index for foods up 7.1% YOY

The Consumer Price Index (CPI) for food rose 0.3 percent in July and was reported up 4.9 percent YOY, per ERS. Food away from home is reported up 7.1 percent YOY, with inflation for food at home half that at 3.6 percent. (Note that [...]

June CPI up 0.1% for all food down 0.1% for food at home

ERS estimated the Consumer Price Index (CPI) for all food up about 0.1 percent in June, nearly flat on a minimal drop of 0.1 percent in the price of food at home mostly offset by a more aggressive appreciation of 0.4 percent for prices [...]

U.S. food inflation 0.4% in February

USDA reported the February food Consumer Price Index (CPI) up 0.4 percent from January and up 9.5 percent YOY. The price index rose 0.6 percent for food away from home and half that for food at home. Among the component indexes, eggs saw a [...]

ERS sees 2023 food prices up 4% from last year

The Food Price Index (FPI), part of the Consumer Price Index (CPI), rose just 0.2 percent in November, slower growth than the 0.7 percent monthly growth in October. Mixed performance across the component prices led zero price growth for food at home, while the [...]

Domestic food CPI reported up 0.7% in October, up 11% YOY

In its October Consumer Price Index (CPI) reporting, ERS calculated that the price to consumers for all food rose 0.7 percent in September. YOY, the food CPI was reported up nearly 11 percent YOY. Of note is the growth in prices of food away [...]

Food prices up 11% YOY in September

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 [...]

Food inflation continues with CPI up 0.8 percent in August

USDA reported food inflation of 0.8 percent in August, putting prices last month up 11.4 percent YOY. Year to date, all food inflation is up 8.2 percent from last 2021. The major categories showing the highest YTD change in 2022 include fats and oils, [...]

July nonfat dry milk stocks highest in 13 years

The latest dairy products report showed a continued build in many dairy product categories. Cheese was the obvious winner, with total output in July up 1.1 percent from July 2021 and showing a nominal gain of 0.5 percent month over month. Both American- and [...]

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