Mother Pushing Shopping Cart With Her Infant Baby Boy Child Down
Mother pushing shopping cart with her infant baby boy child down department aisle in supermarket grocery store. Shopping with kids concept

Food prices rose 0.5% in January according to the latest CPI report. This is up from December’s 0.3% increase.

Food at home

The food at home index increased 0.4% over the course of January, a slight increase from December’s 0.2% rise. Four of the six major grocery store food group indexes rose during the month, with the index for cereals and bakery products increasing the most at +1.0%. 

Price changes for the other major grocery store groups included:

  • Other food at home: +0.7% (+0.4% in December)
  • Meats, poultry, fish, and eggs: +0.7% (+1.0% in December)
  • Nonalcoholic beverages: +0.4% (+0.1% in December)
  • Dairy and related products: unchanged (-0.3% in December)
  • Fruits and vegetables: -0.5% (-0.6% in December)

The food at home index rose 11.3% over the past year. Cereals and bakery products saw the largest increase at 15.6%. Price increases for the other groups ranged from 7.2% (fruits and vegetables) to 14.0% (dairy and related products).

Food away from home

The food away from home index rose 0.6% in January, following December’s 0.4% increase. The index for limited service meals increased 0.7% after rising 0.5% in December, and the index for full service meals rose 0.5% after inching up 0.1%.

The index for food away from home increased 8.2% over the past year. The index for full service meals went up 8.1%, and the index for limited service meals rose 6.7% during this period.

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