You’re full of chit. Typical lying 🤥 liberal trying to push the BS.
From USDA.GOV
Consumer Price Index for Food (not seasonally adjusted)
The all-items Consumer Price Index (CPI), a measure of economy-wide inflation, was unchanged from November 2024 to December 2024 and was up 2.9 percent from December 2023. The CPI for all food increased 0.2 percent from November 2024 to December 2024, and food prices were 2.5 percent higher than in December 2023.
The level of food price inflation varies depending on whether the food was purchased for consumption at home or away from home:
- The food-at-home (grocery store or supermarket food purchases) CPI increased 0.1 percent from November 2024 to December 2024 and was 1.8 percent higher than December 2023; and
- The food-away-from-home (restaurant purchases) CPI increased 0.3 percent in December 2024 and was 3.6 percent higher than December 2023.
In 2025, overall food prices are anticipated to rise at a rate similar to that of 2024 and at a slower pace than the historical average rate of growth.
In 2025, prices for all food are predicted to increase 2.2 percent, with a prediction interval of -0.4 to 4.9 percent.
Food-at-home prices are predicted to increase 1.3 percent, with a prediction interval of -2.7 to 5.5 percent.
Food-away-from-home prices are predicted to increase 3.6 percent, with a prediction interval of 2.0 to 5.1 percent.
The Food Price Outlook tracks and forecasts the annual percentage change in food prices by averaging observed and forecast prices for all months in the current year, compared to all months in the previous year. The Food Price Outlook forecasting methods are based entirely on statistical models that are fitted to recent trends in the data. These methods provide prediction intervals that narrow over the forecast period as more data become available and the degree of uncertainty declines. Discussions of price changes focus on the midpoint of these forecast intervals (titled “Mid” in the
Food Price Outlook data files) and use the lower and upper bounds of a 95-percent prediction interval—based on past data, the annual level of inflation is expected to fall in this interval 19 out of 20 times—to reflect the level of uncertainty (titled “Lower” and “Upper” in the workbooks, respectively). For a summary of forecasting methods used in the Food Price Outlook, see the article
ERS Refines Forecasting Methods in the Food Price Outlook.
ERS research and reporting of the Consumer Price Index (CPI) for food contributes to an understanding of which food categories experience substantial price changes, how consumers spend their incomes on food, and how and why prices change.
www.ers.usda.gov