For the first time since 2008, inflation is hitting consumers in the stomach.
Grocery prices grew by more than 1 1/2 times the overall rate of inflation this year, outpaced only by costs of transportation and medical care, according to numbers released Wednesday by the U.S. Bureau of Labor Statistics.
Economists predict that this is only the beginning. Fueled by the higher costs of wheat, sugar, corn, soybeans and energy, shoppers could see as much as a 4 percent increase at the supermarket checkout next year.
Food Prices rise sharply
Like to receive news like this by email? Join and Subscribe!
Get the latest potato industry news straight to your WhatsApp. Join the PotatoPro WhatsApp Community!
Related News
December 13, 2025
Gulfood 2026 positions Dubai as global hub for next-generation food and beverage trade
The global food and beverage industry is entering a defining era, driven by health, technology, sustainability, transparent sourcing and AI-powered performance, as the global food and beverages market is projected to reach USD 11.37 trillion by 2030.
December 08, 2025
FAO Food Price Index declines for the third consecutive month in November, with all indices but cereals down
The FAO Food Price Index averaged 125.1 points in November 2025, down 1.2 percent from October and marking a third consecutive monthly decline. Lower prices for dairy products, meat, sugar and vegetable oils outweighed an increase in the cereal index.
November 26, 2025
McCain Foods CEO Max Koeune Named Co-Chair of Consumer Goods Forum to Drive Global Collaboration
Max Koeune, CEO of McCain Foods, joins The Consumer Goods Forum as Co-Chair alongside Tesco’s Ken Murphy, driving global collaboration and innovation. McCain continues its leadership in sustainability, food waste, and industry partnerships.
Latest News
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content