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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, 2005 through 2009 June 20, 2009
Item Relative importance1 Final 2005 Final
2006
Final 2007 Final 2008 Forecast 20092
  Percent Percent change
All food
100.0
2.4
2.4
4.0
5.5
3.0 to 4.0
Food away from home
44.3
3.1
3.1
3.6
4.4
3.5 to 4.5
Food at home
55.7
1.9
1.7
4.2
6.4
2.5 to 3.5
  Meats, poultry, and fish
12.2
2.4
0.8
3.8
4.2
2.0 to 3.0
    Meats
7.9
2.3
0.7
3.3
3.5
1.5 to 2.5
      Beef and veal
3.8
2.6
0.8
4.4
4.5
1.5 to 2.5
      Pork
2.4
2.0
-0.2
2.0
2.3
1.5 to 2.5
      Other meats
1.7
2.4
1.8
2.3
3.1
1.0 to 2.0
    Poultry
2.3
2.0
-1.8
5.2
5.0
2.0 to 3.0
    Fish and seafood
2.1
3.0
4.7
4.6
6.0
4.5 to 5.5Image of a red arrow pointing up to indicate a increase
  Eggs
0.7
-13.7
4.9
29.2
14.0
-7.5 to -6.5Image of a green arrow pointing down to indicate a decrease
  Dairy products
6.2
1.2
-0.6
7.4
8.0
-5.5 to -4.5Image of a green arrow pointing down to indicate a decrease
  Fats and oils
1.6
-0.1
0.2
2.9
13.8
3.0 to 4.0
  Fruits and vegetables
8.2
3.7
4.8
3.8
6.2
3.0 to 4.0
    Fresh fruits and vegetables
6.2
3.9
5.3
3.9
5.2
3.0 to 4.0
      Fresh fruits
3.1
3.7
6.0
4.5
4.8
3.0 to 4.0
      Fresh vegetables
3.1
4.0
4.6
3.2
5.6
3.0 to 4.0
    Processed fruits and vegetables
1.9
3.3
2.9
3.6
9.5
4.0 to 5.0Image of a red arrow pointing up to indicate a increase
  Sugar and sweets
2.1
1.2
3.8
3.1
5.5
3.0 to 4.0
  Cereals and bakery products
7.9
1.5
1.8
4.4
10.2
2.5 to 3.5
  Nonalcoholic beverages
6.7
2.9
2.0
4.1
4.3
3.0 to 4.0
  Other foods
10.1
1.6
1.4
1.8
5.2
3.0 to 4.0
 
Market basket of farm foods:

Farm value

N.A.
-0.4
-3.1
18.3
3.8
N.A.

Farm to retail price spread

N.A.
5.2
0.4
0.9.
7.5
N.A.

Retail price

N.A.
3.9
-0.3
4.5.
6.7
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

Web administration: webadmin@ers.usda.gov

Updated date: June 23, 2009