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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, 2006 through 2010 January 25, 2010
Item
Relative importance1
Final 2006
Final 2007
Final 2008
Final 2009
Forecast 20102
  Percent Percent change
All food
100.0
2.4
4.0
5.5
1.8
2.5 to 3.5Green arrow pointing down to indicate a decrease
Food away from home
44.3
3.1
3.6
4.4
3.5
2.5 to 3.5Green arrow pointing down to indicate a decrease
Food at home
55.7
1.7
4.2
6.4
0.5
2.5 to 3.5
  Meats, poultry, and fish
12.2
0.8
3.8
4.2
0.5
1.5 to 2.5
    Meats
7.9
0.7
3.3
3.5
-0.6
1.0 to 2.0
      Beef and veal
3.8
0.8
4.4
4.5
-1.0
1.0 to 2.0
      Pork
2.4
-0.2
2.0
2.3
-2.0
1.0 to 2.0
      Other meats
1.7
1.8
2.3
3.1
2.3
2.5 to 3.5Green arrow pointing down to indicate a decrease
    Poultry
2.3
-1.8
5.2
5.0
1.7
1.0 to 2.0
    Fish and seafood
2.1
4.7
4.6
6.0
3.6
3.5 to 4.5Green arrow pointing down to indicate a decrease
  Eggs
0.7
4.9
29.2
14.0
-14.7
2.0 to 3.0
  Dairy products
6.2
-0.6
7.4
8.0
-6.4
2.5 to 3.5
  Fats and oils
1.6
0.2
2.9
13.8
2.3
3.0 to 4.0Green arrow pointing down to indicate a decrease
  Fruits and vegetables
8.2
4.8
3.8
6.2
-2.1
3.0 to 4.0
    Fresh fruits and
  vegetables
6.2
5.3
3.9
5.2
-4.6
3.0 to 4.0
      Fresh fruits
3.1
6.0
4.5
4.8
-6.1
3.0 to 4.0
      Fresh vegetables
3.1
4.6
3.2
5.6
-3.4
3.0 to 4.0
    Processed fruits and
  vegetables
1.9
2.9
3.6
9.5
6.6
3.0 to 4.0
  Sugar and sweets
2.1
3.8
3.1
5.5
5.6
3.5 to 4.5
  Cereals and bakery
  products
7.9
1.8
4.4
10.2
3.2
3.0 to 4.0
  Nonalcoholic beverages
6.7
2.0
4.1
4.3
1.9
2.5 to 3.5
  Other foods
10.1
1.4
1.8
5.2
3.7
2.5 to 3.5
 
Market basket of farm foods:

Farm value
N.A.
-3.1
18.3
3.8
N.A.
N.A.

Farm to retail price spread
N.A.
0.4
0.9
7.5
N.A.
N.A.

Retail price
N.A.
-0.3
4.5
6.7
N.A.
N.A.
1BLS estimated expenditure shares, December 2008.

2Forecasts updated by the 25th of each month.

N.A. = Not available.

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

Notes: Bolded entries reflect changes from the previous month's forecast. Red arrows indicate an increase; green arrows indicate a decrease in the forecast from the previous month's forecast.

 
For more information, contact: Ephraim Leibtag

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Updated date: January 25, 2010