Overall food prices have been increasing steadily over the years, with the growth predicted to continue in 2025, according to the U.S. Department of Agriculture’s (USDA) Food Price Outlook tracker.
“In 2025, prices for all food are predicted to increase 1.9 percent,” the agency said in a Jan. 8 report.
Food-at-home and away-from-home prices are projected to rise by 0.8 and 3.5 percent respectively. While overall food prices are projected to increase this year, the gain is expected to be “at a slower pace than the historical average rate of growth.” In 2021, prices rose by 3.9 percent, in 2022 by 9.9 percent, and in 2023 by 5.8 percent.
The Food Price Outlook tracks and forecasts annual food price changes by taking into account projected and observed prices over the previous two years….