|
For more information, see Analysis
and Forecasts of the CPI for Food and What's
Behind the Forecasts?
 Download this table in Excel
format.
| Changes in food price
indexes, 2005 through 2009 |
August 21, 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 |
4.0 to 5.0 |
| Food away from home |
44.6 |
3.1 |
3.1 |
3.6 |
3.5 to 4.5 |
4.0 to 5.0 |
| Food at home |
55.4 |
1.9 |
1.7 |
4.2 |
5.5 to 6.5 |
4.0 to 5.0 |
| |
Meats, poultry, and fish |
12.2 |
2.4 |
0.8 |
3.8 |
2.5 to 3.5 |
5.0 to 6.0 |
| |
|
Meats |
7.9 |
2.3 |
0.7 |
3.3 |
1.5 to 2.5 |
5.5 to 6.5 |
| |
|
|
Beef and veal |
3.8 |
2.6 |
0.8 |
4.4 |
2.5 to 3.5 |
6.0 to 7.0 |
| |
|
|
Pork |
2.4 |
2.0 |
-0.2
|
2.0 |
1.5 to 2.5 |
5.0 to 6.0 |
| |
|
|
Other meats |
1.7 |
2.4 |
1.8 |
2.3
|
0.0 to 1.0 |
2.5 to 3.5 |
| |
|
Poultry |
2.3 |
2.0 |
-1.8
|
5.2
|
3.5 to 4.5 |
5.0 to 6.0 |
| |
|
Fish and seafood |
2.0 |
3.0 |
4.7 |
4.6
|
4.5 to 5.5 |
4.0 to 5.0 |
| |
Eggs |
0.9 |
-13.7 |
4.9 |
29.2
|
13.5 to 14.5 |
2.5 to 3.5 |
| |
Dairy products |
6.4 |
1.2 |
-0.6 |
7.4
|
8.0 to 9.0 |
4.0 to 5.0 |
| |
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 |
5.0 to 6.0 |
3.5 to 4.5 |
| |
|
Fresh fruits and vegetables |
6.6 |
3.9 |
5.3 |
3.9 |
5.0 to 6.0 |
4.0 to 5.0 |
| |
|
|
Fresh fruits |
3.4 |
3.7 |
6.0 |
4.5 |
5.0 to 6.0 |
4.0 to 5.0 |
| |
|
|
Fresh vegetables |
3.2 |
4.0 |
4.6 |
3.2 |
5.0 to 6.0 |
3.5 to 4.5 |
| |
|
Processed fruits and vegetables |
1.8 |
3.3 |
2.9 |
3.6 |
6.0 to 7.0 |
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 |
3.5 to 4.5 |
| |
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.
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