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Briefing Rooms

Food CPI, Prices, and Expenditures: CPI for Food Forecasts

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

Excel icon Download this table in Excel format.
Changes in food price indexes, 2005 through 2009 December 23, 2008
Item Relative importance1 Final 2005 Final
2006
Final 2007 Forecast 20082 Forecast 20092
  Percent Percent change
All food 100.0 2.4 2.4 4.0 5.0 to 6.0 3.5 to 4.5
Food away from home 44.6 3.1 3.1 3.6 3.5 to 4.5 3.5 to 4.5
Food at home 55.4 1.9 1.7 4.2 5.5 to 6.5 3.5 to 4.5
  Meats, poultry, and fish 12.2 2.4 0.8 3.8 3.0 to 4.0 2.0 to 3.0Green arrown pointing down
    Meats 7.9 2.3 0.7 3.3 2.5 to 3.5 1.5 to 2.5Green arrown pointing down
      Beef and veal 3.8 2.6 0.8 4.4 3.5 to 4.5 2.0 to 3.0Green arrown pointing down
      Pork 2.4 2.0 -0.2
2.0 1.5 to 2.5 1.5 to 2.5Green arrown pointing down
      Other meats 1.7 2.4 1.8 2.3
2.0 to 3.0 0.0 to 1.0Green arrown pointing down
    Poultry 2.3 2.0 -1.8
5.2
4.0 to 5.0 1.5 to 2.5Green arrown pointing down
    Fish and seafood 2.0 3.0 4.7 4.6
5.5 to 6.5 3.0 to 4.0
  Eggs 0.9 -13.7 4.9 29.2
13.5 to 14.5 -2.0 to -1.0Green arrown pointing down
  Dairy products 6.4 1.2 -0.6 7.4
8.0 to 9.0 -4.0 to -3.0Green arrown pointing down
  Fats and oils 1.5 -0.1 0.2 2.9 13.0 to 14.0 3.0 to 4.0
  Fruits and vegetables 8.4 3.7 4.8 3.8 6.0 to 7.0Green arrown pointing down 3.5 to 4.5
    Fresh fruits and vegetables 6.6 3.9 5.3 3.9 5.0 to 6.0Green arrown pointing down 4.0 to 5.0
      Fresh fruits 3.4 3.7 6.0 4.5 4.5 to 5.5Green arrown pointing down 4.0 to 5.0
      Fresh vegetables 3.2 4.0 4.6 3.2 5.5 to 6.5Green arrown pointing down 3.5 to 4.5
    Processed fruits and vegetables 1.8 3.3 2.9 3.6 8.5 to 9.5 3.0 to 4.0
  Sugar and sweets 2.0 1.2 3.8 3.1
4.5 to 5.5 3.0 to 4.0
  Cereals and bakery products 7.4 1.5 1.8 4.4 9.0 to 10.0 2.5 to 3.5
  Nonalcoholic beverages 6.7 2.9 2.0 4.1
3.5 to 4.5 3.0 to 4.0
  Other foods 9.9 1.6 1.4 1.8
4.0 to 5.0 3.0 to 4.0
 
Market basket of farm foods:

Farm value

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

Farm to retail price spread

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

Retail price

N.A.
3.9
-0.3
4.5.
N.A.
N.A.

1BLS estimated expenditure shares, December 2007.
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: November 24, 2008