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FOOD AND BEVERAGES INFLATION RATE
March, 2015 Data:
The forecast for the US Food and Beverages Inflation Rate is in the table at the
top of this page. Forecast-Chart.com is forecasting that Food and Beverages
Inflation Rates will be roughly 2.65% over the next year. The table shows a
HDTFA of 1.97% which suggests that the inflation rate for food & beverages
prices in the US for the 12 months ending April, 2016 could easily fall between
4.62% and 0.68%. Links to Forecasts for many other economic indicators may
be found at the top of this page. The food & beverages price index used in this
article is the Consumer Price Index for All Urban Consumers: Food &
Beverages, hereinafter referred as the food & beverages price index.
Annual US Food and Beverages Inflation Rate
Last Month -2.8%
Last Year . . . . . . . . . . . . . . . . . . . . 2.3%
Last 5 Years 2.3%
Last 10 Years . . . . . . . . . . . . . . . . . 2.7%
Last 20 Years 2.6%
Annual Food and Beverages Inflation Rate: Highs & Lows
High (Last 12 Months) 3.3% (December, 2014)
Low (Last 12 Months) 1.8% (April, 2014)
High (Since January, 1968) 18.7% (February, 1974)
Low (Since January, 1968) -0.5% (November, 2009)
The annual Food and Beverages Inflation Rate for the 12 months ended in
March, 2015 was 2.27%. That's 0.56% percent lower than the 12 months ended
in February, 2015 which inflated at a rate of 2.84%. It is 0.60% percent higher
than the 12 months ended in March, 2014 which inflated at a rate of 1.68%.
The sideways movement in inflation rates from February to March indicates that
the short term inflation trend in food & beverages prices has been flat. If that
trend continues, we should see an inflation rate for the 12 months ended in
April, 2015 that is close to 1.71%.
The USA Food and Beverages Inflation Rate one year ago was 1.68%. Over
the last year, inflation in the food & beverages price index was 2.27%. The
average rate over the last 10 years was 2.66%. Similar inflation over the last
12 months compared to the average inflation over the last 10 years serves as
an indicator that the long term trend in the Food and Beverages Inflation Rate
is flat. Inflation expectations should be adjusted accordingly.
Forecast-Chart.com's historical research covers Food and Beverages Inflation
Rate data back to January, 1968. The average annual inflation rate in food &
beverages prices during that period of history was 4.24%. The highest rate was
18.68%. The lowest rate was -0.47%. The high was attained in the 12 months
ended in February of 1974. The low was achieved in the 12 months ended in
November of 2009. Recent rates experienced in the 12 months ended in March
of 2015 are low relative to the historical 4.24% average.
This page provides a five year chart and a forecast for the US Food and
Beverages Inflation Rate. For links to longer term charts, look at the links under
the five year chart (above). One link opens a ten year chart. Another opens our
longest term graph on the Food and Beverages Inflation Rate. Just one glance
at Forecast-Chart.com's long term charts can provide tremendous insight into
the historical trends of the financial markets.
The US Government's inflation economics policy attempts to control inflation.
High inflation and negative inflation (deflation) can have damaging effects on
the economy.
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Annual US Inflation Rate for the cost of Food and Beverages is plotted monthly in gray (Consumer
Price Index for All Urban Consumers: Food and Beverages). The forecast for the target month is
shown in green. Other links related to this economic indicator are below.
Inflation Rate, All Urban Consumers: Food & Beverages - 5 Year History
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Food and Beverages Inflation Rate Forecast
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Forecast for US Food and Beverages Inflation Rate for the year ending in the target month indicated based on the Consumer Price Index for All Urban Consumers: Food and Beverages, not seasonally adjusted.
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Updated Tuesday, May 26, 2015.
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US Food and Beverages Inflation
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Current Analysis & Forecast: US Food & Beverages Inflation Rate
1/10
1/2013