FOOD EXPENDITURES IN THE US (CONT.) Grocery Prices Incline But Don’t Reach Consumer Price Index
Grocery Prices Increase But Don’t Reach Consumer Price Index FIGURE 5
Consumer Price Index
+7.8% Average Price Increase DOWNLOAD FIGURE
Average Total Store Price
Almost half of manufacturers surveyed processed a price increase in 2018. This trend is expected to continue over the next 1-2 years.
Sources: Nielsen Answers on Demand Core ending 12/29/18; CPI - US Bureau of LaborStatistics; Aluminum: London Metal Exchange; PaperPulp: Pulp and PaperProducts Council comp to late 2016; Diesel/Gasoline: Energy Information Administration 52 weeks ending 1/21/19 vs prev.; Internal Acosta Surveys: Manufacturers (Sept 2018); Retailers (Nov 2018); Shoppers (Dec 2018)