U.S. food & beverage CPI monthly change 2021-2024

In January 2024, the seasonally adjusted consumer price index (CPI) for food and beverages in the United States increased by 2.5 percent compared to the same period in 2023. On the other hand, the CPI for food and beverages in the country in January 2023 increased by 9.9 percent compared to the same period a year earlier. The highest change was registered in August 2022, when the consumer price index for food and beverages increased by 10.9 percent compared to August 2021.

Monthly percentage change in the consumer price index for food and beverages in the United States from January 2021 to January 2024

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Release date

February 2024

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Region

United States

Survey time period

January 2021 to january 2024

Supplementary notes

The data represents U.S. city averages. The base period for the index is 1982-1984=100. A consumer price index (CPI) measures changes in the price level of consumer goods and services purchased by households. The CPI is defined by the United States Bureau of Labor Statistics as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." Data are seasonally adjusted.

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