Food Inflation
Due to population, natural demand and inflation, property values will always rise over a period of time. Investing in a property is the safest, most reliable investment one can ever make as well as best way to grow your net worth.
Annual inflation rates in the US have skyrocketed to 8.50% as of March 2022. This is the highest they have been since December of 1981 from 7.9% in February and compared with market forecasts of 8.4%. Prices of goods and services from all industries have continued to rise with energy prices increasing 32%. See the information below to learn more about how inflation has risen over the years and how it can impact your financial well-being.
| Year | Food Inflation Rate |
|---|---|
| 2018 | 1.900 % |
| 2019 | 1.600 % |
| 2020 | 1.900 % |
| 2021 | 3.800 % |
| 2022 | 9.500 % |
| Last | Unit | Reference Date | |
|---|---|---|---|
| Inflation Rate | 8.30 | Percent | April 2022 |
| Energy Inflation | 30.27 | Percent | April 2022 |
| Food Inflation | 9.40 | Percent | April 2022 |
| Rent Inflation | 5.14 | Percent | April 2022 |
| Services Inflation | 5.37 | Percent | April 2022 |
| Import Prices | 146.80 | Points | April 2022 |
| Export Prices | 160.30 | Points | April 2022 |
