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The food index went up 0.4% in January, up from December’s 0.2% increase. This news comes from the latest nclick="javascript:window.open('https://www.bls.gov/news.release/cpi.nr0.htm', '_blank', 'noopener'); return false;">CPI report.
The food at home index also increased 0.4% during January. Four of the six major grocery store food group indexes showed increases during this time. The nonalcoholic beverages index had the largest increase at 1.2%. This was followed by the index for other food at home, which rose 0.6%.
Price changes for the other major grocery store groups included:
The food at home index rose 1.2% during the past 12 months. The largest increase was seen with the nonalcoholic beverages index, which increased 3.4% during this time. Dairy and related products saw the largest decline at -1.1%.
The food away from home index rose 0.5% in January after rising 0.3% in December. The index for full service meals rose 0.4%, and the index for limited service meals went up 0.6%. These indexes rose 0.3% and 0.4%, respectively, the previous month.
The index for food away from home rose 5.1% in the last 12 months. The index for limited service meals went up 5.8% during this time, and the index for full service meals increased 4.3%.
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