Photo: Eggs / Shutterstock
Food will continue to increase in price in 2022, according to a report shared by the United States Department of Agriculture (USDA) that includes the consumer price index. The biggest price increase is forecast for a pantry staple: eggs.
according to forecasts 2022 food price increases are expected to exceed those of 2020 and 2021. This year, food prices at home are expected to increase between 7% and 8%; while the prices of food outside the home can increase between 6% and 7%.
Eggs might see the biggest price increase compared to all other staple food groups. The price of eggs is expected to increase by up to 20.5% in 2022.
According to US government data. Farm-level price increases in April followed the loss of millions of laying hens due to highly pathogenic avian influenza, primarily in Iowa and neighboring states.
Avian influenza reduced the US layer flock and caused a 10.3% increase in retail egg prices in April 2022.
2. Meat, poultry and fish
The USDA notes that, in 2022, Pork prices are expected to increase between 6% and 7%.
The avian influenza outbreak has also contributed to rising poultry prices. The prices of poultry would increase up to 9.5%.
The prices of fish and shellfish are expected to increase in the year between 7% and 8%.
3. Dairy products
USDA data reveals that dairy products would increase between 7% and 8% this year.
4. Oil and other cooking fats
It is anticipated a increase between 10% and 11% in the price of oil and other fats in 2022.
5. Fresh fruits and vegetables, baked goods and cereals
The prices of fresh fruits could increase this 2022 between 8.5% and 9.5% ; the aggregate categories of fruits and vegetables between 6.5% and 7.5%; while cereals and bakery products between 7% and 8%.
It may interest you:
–Walmart + will offer products with up to 50% discount from June 2 to 5
–10 Tips for Saving and Eating Healthy on a Budget
–The products that have risen the most in price in the United States until April 2022