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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 November 23, 2009
Item
Relative importance1
Final 2006
Final 2007
Final 2008
Forecast 20092
Forecast 20102
  Percent Percent change
All food
100.0
2.4
4.0
5.5
1.5 to 2.5Image of a green arrow pointing down to indicate a decrease
3.0 to 4.0
Food away from home
44.3
3.1
3.6
4.4
3.0 to 4.0Image of a green arrow pointing down to indicate a decrease
3.5 to 4.5
Food at home
55.7
1.7
4.2
6.4
0.5 to 1.5Image of a green arrow pointing down to indicate a decrease
2.5 to 3.5
  Meats, poultry, and fish
12.2
0.8
3.8
4.2
0.0 to 1.0Image of a green arrow pointing down to indicate a decrease
1.5 to 2.5
    Meats
7.9
0.7
3.3
3.5
-0.5 to 0.5
1.0 to 2.0
      Beef and veal
3.8
0.8
4.4
4.5
-1.0 to 0.0
1.0 to 2.0
      Pork
2.4
-0.2
2.0
2.3
-1.5 to
-0.5Image of a green arrow pointing down to indicate a decrease
0.5 to 1.5
      Other meats
1.7
1.8
2.3
3.1
1.0 to 2.0
3.0 to 4.0
    Poultry
2.3
-1.8
5.2
5.0
1.5 to 2.5Image of a green arrow pointing down to indicate a decrease
1.0 to 2.0
    Fish and seafood
2.1
4.7
4.6
6.0
3.0 to 4.0Image of a green arrow pointing down to indicate a decrease
4.0 to 5.0
  Eggs
0.7
4.9
29.2
14.0
-16.0 to
-15.0
2.0 to 3.0
  Dairy products
6.2
-0.6
7.4
8.0
-7.0 to -6.0
2.5 to 3.5
  Fats and oils
1.6
0.2
2.9
13.8
2.5 to 3.5
4.0 to 5.0
  Fruits and vegetables
8.2
4.8
3.8
6.2
-2.0 to
-1.0Image of a green arrow pointing down to indicate a decrease
3.0 to 4.0Red arrow pointing up indicating an increase
    Fresh fruits and
  vegetables
6.2
5.3
3.9
5.2
-5.0 to
-4.0Image of a green arrow pointing down to indicate a decrease
3.0 to 4.0Red arrow pointing up indicating an increase
      Fresh fruits
3.1
6.0
4.5
4.8
-6.0 to
-5.0Image of a green arrow pointing down to indicate a decrease
3.0 to 4.0
      Fresh vegetables
3.1
4.6
3.2
5.6
-4.0 to
-3.0Image of a green arrow pointing down to indicate a decrease
3.0 to 4.0Red arrow pointing up indicating an increase
    Processed fruits and
  vegetables
1.9
2.9
3.6
9.5
6.0 to 7.0
3.0 to 4.0
  Sugar and sweets
2.1
3.8
3.1
5.5
5.0 to 6.0
3.5 to 4.5
  Cereals and bakery
  products
7.9
1.8
4.4
10.2
3.0 to 4.0
3.0 to 4.0Red arrow pointing up indicating an increase
  Nonalcoholic beverages
6.7
2.0
4.1
4.3
2.0 to 3.0Image of a green arrow pointing down to indicate a decrease
2.5 to 3.5
  Other foods
10.1
1.4
1.8
5.2
4.0 to 5.0
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: November 23, 2009