Cost of food in the United States increased 4.60 percent in September of 2021 over the same month in the previous year. It is the highest rate since December of 2011. source: U.S. Bureau of Labor Statistics

Food Inflation in the United States averaged 3.39 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 October of 2021.

Food Inflation in the United States is expected to be 2.80 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 2.30 percent in 2022 and 2.10 percent in 2023, according to our econometric models.

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United States Food Inflation

United States Last Unit Reference Previous Highest Lowest
Inflation Rate 5.40 percent Sep/21 5.30 23.70 -15.80
Inflation Rate Mom 0.40 percent Sep/21 0.30 1.80 -1.80
Consumer Price Index CPI 274.14 points Sep/21 273.01 274.14 23.51
Core Inflation Rate 4.00 percent Sep/21 4.00 13.60 0.00
Core Consumer Prices 280.02 points Sep/21 279.34 280.02 28.50
Producer Prices 128.90 points Sep/21 128.20 128.90 100.20
Producer Prices Change 8.60 percent Sep/21 8.30 19.57 -6.86
Export Prices 142.80 points Sep/21 142.60 142.80 82.40
Import Prices 134.70 points Sep/21 134.20 147.50 75.00
Food Inflation 4.60 percent Sep/21 3.70 36.70 -34.30
CPI Transportation 236.37 points Sep/21 238.33 239.72 22.30
CPI Housing Utilities 283.74 points Sep/21 282.39 283.74 30.50
Cpi Core Core 3.40 percent Sep/21 3.10 10.90 0.30