Sector News

April brings a shake up in food price indexes: CPI report

May 14, 2019
Food & Drink

After five straight months of increases, the food price index declined by 0.1% in April.

Food at home
Five of the six grocery store food group indexes declined last month, lowering the food at home price index down by 0.5%.

The most significant decrease in the category was in the fruits and vegetables and nonalcoholic beverages indexes, both of which fell by 0.9%. These sharp declines came immediately following March’s spike in fruits and vegetables prices when the group’s index rose 1.6%. Dairy and related products were the only prices that increased in April — this is the third month in a row the index for that group has increased.

  • Meat, poultry, fish, and eggs: -0.2%
  • Cereals and bakery products: -0.1%
  • Dairy and related products: +0.1%
  • Fruits and vegetables: -0.9%
  • Nonalcoholic beverages: -0.9%
  • Other food from home: -0.6%

Over the past 12 months, the price index for food at home ticked up by 0.7%. The most significant price index changes in that time frame were the indexes fruits and vegetables (+2.2%), nonalcoholic beverages (+2.2%), and meat, poultry, fish, and eggs (-1.1%).

Food away from home
The index for food away from home followed its upward trajectory, this time increasing by 0.3%.

  • Limited service meals: +0.3%
  • Full service meals: +0.4%

Small monthly increases in the food away from home category have been unrelenting, bringing the 12-month unadjusted change to +3.1% — the biggest 12-month increase since February 2015.

Overall, the food price index has risen 1.8% over the past year.

By Hilary Smith

Source: Food Industry Executive

comments closed

Related News

October 17, 2021

France to ban plastic packaging for fruit and vegetables

Food & Drink

The government has published a list of around 30 fruits and vegetables that will be subject to the plastic packaging ban coming into effect on 1 January 2022. The list includes courgettes, aubergines and cucumbers, as well as apples, oranges and pears.

October 17, 2021

Kraft Heinz unveils plans for a circular PET ketchup bottle

Food & Drink

Kraft Heinz has detailed plans to release a circular PET tomato ketchup bottle by 2022 in its latest Environmental Social Governance report. The company has made progress towards its aim of using 100% recyclable, reusable or compostable packaging by 2025.

October 17, 2021

Beverages category fizzes with AI-generated soda, hemp-based gin, “green” cola & coca leaf infusions

Food & Drink

The drinks category is brimming with trend-driven launches including flavorful, energizing and better-for-you beverages. FoodIngredientsFirst speaks to disruptive fizzy beverage brands, whose offerings include a classic cola recipe reimagined with a clean label twist, as well as AI-generated flavor synergies.

Send this to a friend