Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Food prices increase less in 1999 than 1998

June 19, 2000

Food inflation decelerated again in 1999, with prices going up only 1.9 percent following a 2.3 percent rise during the previous year. The fall from 1998 to 1999 was due to lower inflation or deflation for chicken, fish and seafood, dairy, fresh fruits, and fresh vegetables.

Annual percent change in the Consumer Price Index for food, 1990-99
[Chart data—TXT]

Prices for chicken fell 2.1 percent due to record-level poultry production, shrinking net exports, and greater foreign competition. Fish and seafood prices increased only 1.7 percent; imports of shrimp and salmon were up sharply. Milk prices advanced 3.4 percent following a 6.1-percent rise in 1998.

Prices for fresh fruit and vegetables also increased much less in 1999 than in 1998. Banana imports were up and tomato supplies from Mexico and Florida were abundant in 1999.

These data are from the BLS Consumer Price Index program. To find out more about trends in food prices, see "Core consumer prices in 1999: low by historical standards," by Todd Wilson, Monthly Labor Review, April 2000. Annual percent changes are December-to-December changes.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Food prices increase less in 1999 than 1998 at https://www.bls.gov/opub/ted/2000/jun/wk3/art01.htm (visited October 31, 2024).

OF INTEREST
spotlight
Recent editions of Spotlight on Statistics


triangle