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Retail food price inflation outpaces economy-wide inflation

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Retail food price inflation outpaces economy-wide inflation
While the Great Recession put downward pressure on retail food prices in 2010, the all-food CPI still rose more than 10 percent over the last 5 years. Spikes in commodity prices, major weather events, and shocks to global food markets have caused price inflation for food to outpace many other consumer spending categories. Only prices for medical care and transportation have risen faster than food prices.  

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Last updated: Thursday, May 07, 2015

For more information contact: Annemarie Kuhns