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Food CPI and Expenditures: CPI for Food Forecasts

For more information, see Analysis and Forecasts of the CPI for Food and What's Behind the Forecasts?

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Changes in Food Price Indexes, 2009 through 2012 January 25, 2012
Item
Relative importance1
 Month-
to-
Month		 Year-
over-
Year
Annual
Annual
Annual
Forecast
Nov 2011 to Dec 2011
Dec 2010 to Dec 2011
2009
2010
2011
20122
Consumer Price Indexes  Percent Percent change
All food
100.0
0.2
4.7
1.8
0.8
3.7
2.5 to 3.5
Food away from home
43.1
0.2
2.9
3.5
1.3
2.3
2.0 to 3.0
Food at home
56.9
0.3
6.0
0.5
0.3
4.8
2.5 to 3.5Red arrow pointing down indicating a decrease
  Meats, poultry, and fish
12.5
0.5
8.0
0.5
1.9
7.4
3.5 to 4.5
    Meats
7.9
0.3
9.4
-0.6
2.8
8.8
3.5 to 4.5 
      Beef and veal
3.7
0.9
11.5
-1.0
2.9
10.2
4.0 to 5.0
      Pork
2.5
-1.0
8.1
-2.0
4.7
8.5
3.0 to 4.0
      Other meats
1.7
1.0
6.7
2.3
-0.1
6.4
2.5 to 3.5
    Poultry
2.4
1.0
4.8
1.7
-0.1
2.9
3.0 to 4.0
    Fish and seafood
2.2
0.7
6.8
3.6
1.1
7.1
4.0 to 5.0
  Eggs
0.7
1.4
6.4
-14.7
1.5
9.2
1.0 to 2.0Red arrow pointing down indicating a decrease 
  Dairy products
6.1
-0.1
8.1
-6.4
1.1
6.8
2.0 to 3.0Red arrow pointing down indicating a decrease 
  Fats and oils
1.7
1.2
13.5
2.3
-0.3
9.3
2.5 to 3.5
  Fruits and vegetables
8.4
0.3
2.3
-2.1
0.2
4.1
2.5 to 3.5Red arrow pointing down indicating a decrease
    Fresh fruits and
  vegetables
6.4
0.3
0.9
-4.6
0.6
4.5
2.0 to 3.0Red arrow pointing down indicating a decrease
      Fresh fruits
3.3
0.6
-0.5
-6.1
-0.6
3.3
3.0 to 4.0
      Fresh vegetables
3.2
-0.1
2.4
-3.4
2.0
5.6
1.0 to 2.0Red arrow pointing down indicating a decrease
    Processed fruits and
  vegetables
1.9
0.6
7.0
6.6
-1.3
2.9
3.0 to 4.0
  Sugar and sweets
2.2
0.4
3.8
5.6
2.2
3.3
2.0 to 3.0
  Cereals and bakery
  products
7.9
0.2
6.1
3.2
-0.8
3.9
3.5 to 4.5
  Nonalcoholic beverages
6.7
-0.1
5.8
1.9
-0.9
3.2
1.5 to 2.5
  Other foods
10.7
0.2
4.5
3.7
-0.5
2.3
2.0 to 3.0

1BLS-estimated expenditure shares, December 2010. Food prices represent approximately 14 percent of the total CPI.

2Forecasts updated by the 25th of each month.

Green arrows indicate an increase and red arrows are decreases from November's forecast.

Sources: Historical data from Bureau of Labor Statistics; forecasts by Economic Research Service.

To see how food price indexes changed from 2003-2008, click here.

 
For more information, contact: Richard Volpe and Ephraim Leibtag

Web administration: webadmin@ers.usda.gov
Updated date: January 25, 2012