Inflation In 2024 For Groceries In Usa. Food prices are expected to increase by 1.2%, specifically with food at home (fah) prices decreasing by 0.6% and food away from home prices predicted to increase by. These charts track the prices consumers are paying for groceries and other goods now compared to the cost five years ago, as inflation lingers.

Food prices rose 2.6 percent,. Grocery prices have risen 25.5% since the beginning of the pandemic, according to the labor department, while average wages have risen 23.5%.