United States Food Inflation  Forecast 2016-2020

Food Inflation in the United States is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in the United States to stand at 1.20 in 12 months time. In the long-term, the United States Food Inflation is projected to trend around 1.90 percent in 2020, according to our econometric models.

United States Food Inflation
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Food Inflation 0 0.2 0.5 1 1.2 1.9 percent
United States Food Inflation Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States Food Inflation using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United States Food Inflation - was last predicted on Thursday, March 30, 2017.
United States Prices Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 2.7 2.7 2.5 2.6 2.5 2.5
Inflation Rate Mom 0.1 0.3 0.2 0.3 0.2 0.1
Consumer Price Index CPI 244 245 246 247 248 268
Core Consumer Prices 251 252 253 255 256 273
Core Inflation Rate 2.2 2.2 2.1 2.2 2.2 2.2
GDP Deflator 112 113 113 114 115 134
Producer Prices 112 112 112 113 114 130
Producer Prices Change 2.2 1.9 2.1 2.3 2.5 2.2
Export Prices 122 122 123 123 123 119
Import Prices 123 123 123 122 122 122
Food Inflation 0 0.2 0.5 1 1.2 1.9
Pce Price Index 112 113 113 113 117 121
Core Pce Price Index 112 113 113 114 114 116
Cpi Transportation 199 198 197 197 197 192