23 May 25
**5 important facts about food prices in America**
Description:
Food prices in the United States are constantly fluctuating, affecting not only consumers but also the economy. In this article, we will highlight five important facts about food prices in the United States.
1. Historic increase in food prices:
Food prices in the United States rose 9.9% in 2022, the highest since 1979. The reasons for this increase include the COVID-19 pandemic, rising global energy prices, and the Ukraine war. Food prices rose 5.8% in 2023, and the increase slowed to 2.3% in 2024.
2. Significant increase in meat and protein prices:
Meat, egg, and poultry prices in the United States rose by up to 9% in 2024. This was due to supply chain disruptions, labor shortages, and fluctuations in animal feed prices. For example, meat prices in Honolulu increased by 9.8%, while Los Angeles also saw significant increases in meat prices.
3. Food waste is a serious problem:
In the United States, 30 to 40 percent of food is wasted each year, worth $162 billion. This waste not only causes economic losses but also has environmental impacts. Various measures are needed to reduce this waste.
4. Prices of some items fall despite rapidly rising prices:
Although overall food prices have increased, some items have also seen price declines. Egg prices fell by 23.8% in 2023, while fresh vegetable prices fell by 5.3%. However, meat and sugar prices continued to rise.
5. Government initiatives:
The US government has taken various measures to control food prices. Steps have been taken to prevent price increases in 2024.
The result:
Rising food prices in the United States are a complex issue with multiple factors. Government, businesses, and consumers must work together to find solutions to this problem so that food prices can be stabilized and quality food can be provided to the public.
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