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Food Price Inflation

A number of factors continue to negatively impact the food supply chain and contribute to elevated food prices, including the COVID-19 pandemic, severe weather events, labor shortages, and the war in Ukraine. FMI has research and resources that help explain the drivers of current food price inflation and support shoppers in navigating higher prices.

Help Families Stay Strong With Family Meals

Feeding Assistance Toolkit

Resource to Help Shoppers Navigate Federal Feeding Assistance Programs

Topline Food Industry Facts

Food Price Inflation Blog Posts

Let's Tackle the Real Causes of Food Inflation to Feed American Families

While it has been encouraging to see inflation cool in recent months, it’s been equally frustrating that the current political dialogue has lacked an in-depth, meaningful discussion of the economic subtleties....

A Deep Dive into Summer Food Prices

FMI's Andy Harig recently spoke with Dr. Ricky Volpe, professor of agribusiness at Cal Poly, to explore what the data says about the true drivers of food price ...

The Latest in Financial Trends for The Food Industry

It’s been a busy decade so far in finance and accounting. The first three years of the 2020s have been marked – and in some cases, rocked – by a steady stream of major events that have impacted retailers’ and suppliers’ books and bottom lines and ...

Food Price Inflation On-Demand Digital Seminars

Behind the Headlines: The Impact of Inflation on Grocery Shopper Buying Habits (On-Demand Recording)

The February CPI data showed inflationary price increases are not declining as quickly or uniformly as desired by consumers and the food industry. We anticipate further volatility in inflation in the coming months, and U.S. food prices will remain elevated in the short term. However, economists are cautiously optimistic that the worst of food price inflation is behind us. Our experts offer their thoughts on what lies ahead for food prices in 2023 in a briefing.

Behind the Headlines: The Real Drivers of Food Prices (On-Demand Recording)

Energy, supply chain and other external factors, such as weather, are among a multitude of factors that continue to influence food price inflation. What does the future hold for food price inflation in 2023? Learn perspective from Andy Harig, vice president of tax, trade, sustainability, and policy development at FMI – The Food Industry Association, and Dr. Ricky Volpe, associate professor of agribusiness at Cal Poly San Luis Obispo as they take us behind the headlines.

2025 Inflation and Food Price Outlook (On-Demand Recording)

Andy Harig and Dr. Ricky Volpe discuss the impact of inflation on food prices, debunking myths, exploring factors like avian flu and tariffs, and addressing consumer expectations for 2025.

U.S. Grocery Shopper Trends: Return to Routine (On-Demand Recording)

The newly released U.S. Grocery Shopper Trends: Return to Routine report provides a crucial snapshot of how shoppers are finding value and evolving their grocery shopping habits as summer turns to fall.

Mid-Year Look at Food Prices (On-Demand Recording)

Get an update on the outlook for food price inflation in the coming months and FMI's latest data on consumer attitudes around grocery shopping.

Behind the Headlines: The Impact of Inflation on Grocery Shopper Buying Habits (On-Demand Recording)

The February CPI data showed inflationary price increases are not declining as quickly or uniformly as desired by consumers and the food industry. We anticipate further volatility in inflation in the coming months, and U.S. food prices will remain elevated in the short term. However, economists are cautiously optimistic that the worst of food price inflation is behind us. Our experts offer their thoughts on what lies ahead for food prices in 2023 in a briefing.

Behind the Headlines: The Real Drivers of Food Prices (On-Demand Recording)

Energy, supply chain and other external factors, such as weather, are among a multitude of factors that continue to influence food price inflation. What does the future hold for food price inflation in 2023? Learn perspective from Andy Harig, vice president of tax, trade, sustainability, and policy development at FMI – The Food Industry Association, and Dr. Ricky Volpe, associate professor of agribusiness at Cal Poly San Luis Obispo as they take us behind the headlines.

Behind the Headlines: The Impact of Inflation on Grocery Shopper Buying Habits (On-Demand Recording)

The February CPI data showed inflationary price increases are not declining as quickly or uniformly as desired by consumers and the food industry. We anticipate further volatility in inflation in the coming months, and U.S. food prices will remain elevated in the short term. However, economists are cautiously optimistic that the worst of food price inflation is behind us. Our experts offer their thoughts on what lies ahead for food prices in 2023 in a briefing.

Behind the Headlines: The Real Drivers of Food Prices (On-Demand Recording)

Energy, supply chain and other external factors, such as weather, are among a multitude of factors that continue to influence food price inflation. What does the future hold for food price inflation in 2023? Learn perspective from Andy Harig, vice president of tax, trade, sustainability, and policy development at FMI – The Food Industry Association, and Dr. Ricky Volpe, associate professor of agribusiness at Cal Poly San Luis Obispo as they take us behind the headlines.

MORE FOOD PRICE INFLATION ON-DEMAND DIGITAL SEMINARS

Andy Harig

Questions?

For questions or more information, please contact FMI’s Vice President, Tax, Trade, Sustainability and Policy Development Andy Harig.

Contact Andy

Heather Garlich

Questions?

For questions or more information, please contact FMI's Senior Vice President, Insights, Education & Communications, Heather Garlich.

Contact Heather

FMI Food Price Inflation Resources

Food Prices Value of Dollar

Food Prices: The Value of Americans' Grocery Dollar Since 2001

This fact sheet outlines how despite inflationary increases and short-term price fluctuations, the real cost of groceries in America as a share of household income has remained remarkably consistent, and relatively flat, over the last two decades.

shrinkflation cover

Fact Sheet: What is "Shrinkflation"?

As food manufacturers grapple with higher operating costs and increases in the price of inputs, they may need to adjust packaging sizes to keep prices as low as possible.

Cover of fact sheet on avian flu and egg prices

The Facts About Avian Flu And Its Impact on Egg Prices

While overall food inflation has stabilized, a few outliers—notably the price of eggs—continue to pose significant challenges driven in large part by the sustained outbreak of Highly Pathogenic Avian Influenza (avian flu).

Grocery Shopper Snapshot report cover

Grocery Shopper Snapshot - January 2025

This brief report provides an update on shoppers' expectations for the year ahead, evolving grocery habits and the role of technology in grocery shopping.

Food Prices Value of Dollar

Food Prices: The Value of Americans' Grocery Dollar Since 2001

This fact sheet outlines how despite inflationary increases and short-term price fluctuations, the real cost of groceries in America as a share of household income has remained remarkably consistent, and relatively flat, over the last two decades.

Food Prices Value of Dollar

Food Prices: The Value of Americans' Grocery Dollar Since 2001

This fact sheet outlines how despite inflationary increases and short-term price fluctuations, the real cost of groceries in America as a share of household income has remained remarkably consistent, and relatively flat, over the last two decades.

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