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Grocery food prices up slightly in July

It marks the ninth straight month the food at home index increased minimally

Bill Wilson, Senior editor at Supermarket News

August 15, 2024

1 Min Read
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Three of the six major grocery store food group indexes increased over the month of July, while the other three dropped.Getty Images

The price for at-home food increased in July, but for the ninth straight month, the rise was minimal.

The index for food at home rose just 0.1%, and over the last year, grocery prices are up just 1.1%, according to the latest data from the Bureau of Labor and Statistics.

Since late last year, the monthly index for at-home food has not increased more than 2%.

Three of the six major grocery store food group indexes increased over the month of July, while the other three dropped. The index for meats, poultry, fish, and eggs was up 0.7%, and the index for eggs jumped 5.5%. The other risers were fruits and vegetables (0.8%) and non-alcoholic beverages (0.5%).

After a 0.5% jump in June, the index for other food at home fell 0.5% last month. The cereals and bakery products index decreased 0.5% while the dairy and related products index declined 0.2%.

Breaking it down by category over the last year, the meats, poultry, fish, and eggs index has increased the most at 3%, and the nonalcoholic beverages index has bumped up 1.9%.

The index for other food at home increased 0.9%. The cereals and bakery index remained unchanged over the last year, while fruits and vegetables, dairy, and related products experienced a 0.2% index drop.

About the Author

Bill Wilson

Senior editor at Supermarket News

Bill Wilson is the senior editor at Supermarket News, covering all things grocery and retail. He has been a journalist in the B2B industry for 25 years. He has received two Robert F. Boger awards for his work as a journalist in the infrastructure industry and has over 25 editorial awards total in his career. He graduated cum laude from Southern Illinois University at Carbondale with a major in broadcast communications.

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