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Food Policy Bites: Food Prices Projected to Cool in 2025 and Beyond, Still Higher Than Pre-Pandemic Levels
September 24, 2024
Food Policy Bites #12: After spiking in 2022, consumer food inflation is expected to slow to 2.2% in 2024. The consumer price index (CPI) for food at home is rising even more slowly this year (1.0%), while prices for food consumed away from home are increasing by 4.1%. Despite cooling inflation, prices for most major food categories in 2025 are expected to stay well above pre-pandemic levels.
Food Policy Bites are easily-digestible food policy insights supported by economic data analytics and analyses.