United States Food Inflation

2.9% −0.05 pt

Jul 2026 · Monthly

United States food inflation eased to 2.94% in July 2026 from 2.99% in June. The latest reading remains far below the all-time high of 20.18% recorded in February 1974. The data series dates back to January 1948.

United States Food Inflation, 1990–2026
ActualPreviousHighestLowestDatesFrequency
2.9%3.0%20.2%Feb 1974-7.1%Jul 19491948 – 2026Monthly

About this series

Food Inflation in United States averaged 2.8% from 1948 until 2026, reaching an all-time high of 20.2% in Feb 1974 and a record low of -7.1% in Jul 1949. The series is reported monthly with history from 1948.

Food Inflation measures the monthly percentage change in the price of food items in the United States. The indicator is reported on a monthly basis, with the series spanning from January 1948 onward.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

United States Food Inflation FAQ