Food Inflation Price Index Jan-July 2011
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Food Inflation Price Index for the Year 2011
Copyright © 2008,2011 by Robert Wayne Atkins, P.E.
All Rights Reserved.
Introduction
The original retail price for each food item was established at the beginning of the year 2008 on January 9, 2008. The Total Retail Cost for the entire one-year emergency food supply on January 9, 2008 was $1,385 in the Southeastern United States.
Year 2008 Inflation: The total cost of the one-year emergency food supply increased in price by 15.3% or $212 in twelve-months from January 9, 2008 ($1,385) to January 3, 2009 ($1,597).
Year 2009 Inflation: The total cost of the one-year emergency food supply increased in price by 6.1% or $97 in twelve-months from January 3, 2009 ($1,597) to January 4, 2010 ($1,694).
Year 2010 Deflation: The total cost of the one-year emergency food supply decreased in price by -1.4% or $-23 in twelve-months from January 4, 2010 ($1,694) to January 3, 2011 ($1,671).
Explanation of the Foods Included in the One-Year Emergency Food Supply
Special Note: On January 3, 2011 a few minor changes were made to the above list. During the year 2010 some package sizes were discontinued by the manufacturer and replaced by other package sizes. Therefore the above data was revised to match the package sizes that are currently available for sale. A list of the changes appears at the very end of this article in the "Revision History." This changed the total price from $1,671 to $1,768.
The following table shows the change each month in the Total Retail Cost of the one-year emergency food supply since January 3, 2011.
Food Prices in the Year 2011
Month | Total Cost | Price Decreased On | Price Unchanged On | Price Increased On | % Change for One Month | Annualized % Change Since January 2011 |
Jan. 3, 2011 | $1,768 | - | - | - | - | - |
Feb. 1, 2011 | $1,784 | 2 Items | 52 Items | 6 Items | 0.9 % | 10.8 % |
Mar. 1, 2011 | $1,811 | 0 Items | 53 Items | 7 Items | 1.5 % | 14.6 % |
Apr. 1, 2011 | $1,820 | 1 Item | 56 Items | 3 Items | 0.5 % | 11.8 % |
May 3, 2011 | $1,833 | 2 Items | 51 Items | 7 Items | 0.7 % | 11.0 % |
June 1, 2011 | $1,845 | 1 Item | 56 Items | 3 Items | 0.7 % | 10.5 % |
July 1, 2011 | $1,853 | 3 Item | 50 Items | 7 Items | 0.4 % | 9.6 % |
Comments about "significant" price changes from June 1, 2011 to July 1, 2011:
A 5-pound bag of Flour increased in price from $1.88 to $2.06 per 5-pound bag.
A 5-pound bag of Corn Meal increased in price from $2.28 to $2.48 per 5-pound bag.
A 42-ounce box of Quick Oats increased in price from $3.18 to $3.58 per 42-ounce box.
A 16-ounce jar of Honey increased in price from $5.58 to $5.98 per 16-ounce jar.
A 3-pound can of Crisco increased in price from $5.18 to $5.44 per 3-pound can.
A 16-ounce can of Cocoa Syrup increased in price from $1.58 to $1.78 per 16-ounce can.
A 5-pound bag of Sugar increased in price from $2.78 to $2.98 per 5-pound bag.
A 10-pound bag of White Rice decreased in price from $5.98 to $5.78 per 10-pound bag.
A 12-ounce can of Evaporated Milk decreased in price from $0.98 to $0.96 per 12-ounce can.
A 16-ounce jar of Jelly decreased in price from $1.46 to $1.44 per 16-ounce jar.
Comments about "significant" price changes from May 3, 2011 to June 1, 2011:
A 12-ounce can of Spam increased in price from $2.44 to $2.48 per 12-ounce can.
A 12-ounce can of Roast Beef increased in price from $3.12 to $3.67 per 12-ounce can.
A 4-ounce can of Mushrooms increased in price from $0.77 to $0.98 per 4-ounce can.
A 15-ounce can of Roast Beef Hash decreased in price from $2.00 to $1.98 per 15-ounce can.
Comments about "significant" price changes from April 1, 2011 to May 3, 2011:
A 5-pound bag of Flour increased in price from $1.74 to $1.88 per 5-pound bag.
A 64-ounce box of Powdered Instant Milk increased in price from $15.63 to $16.68 per 64-ounce box.
An 18.8-ounce can of Campbell's Chunky Soup increased in price from $1.50 to $1.88 per 18.8 ounce can.
A 16-ounce can of Dak Ham increased in price from $3.52 to $3.58 per 16-ounce can.
A 5-ounce can of Vienna Sausage increased in price from $0.47 to $0.48 per 5-ounce can.
A 15-ounce can of Mixed Vegetables increased in price from $0.67 to $0.68 per 15-ounce can.
A 15-ounce bottle of Lemon Juice increased in price from $1.84 to $1.98 per 15-ounce bottle.
A 50.7-ounce jar of Extra Virgin Olive Oil decreased in price from $14.22 to $12.34 per 50.7-ounce jar.
A 16-ounce box of Baking Soda decreased in price from $0.72 to $0.58 per 16-ounce box.
Comments about "significant" price changes from March 1, 2011 to April 1, 2011:
A 32-ounce box of Velvetta Cheese increased in price from $4.98 to $5.88 per 32-ounce box.
A 50.7-ounce jar of Extra Virgin Olive Oil increased in price from $12.34 to $14.22 per 50.7-ounce jar.
An 18-ounce jar of Peanut Butter increased in price from $1.79 to $1.84 per 18-ounce jar.
A 6-cube box of Large Bouillon Cubes decreased in price from $1.59 to $1.33 per 6-cube box.
Comments about "significant" price changes from February 1, 2011 to March 1, 2011:
A 5-pound bag of Flour increased in price from $1.58 to $1.74 per 5-pound bag.
A 26.5-ounce can of Spaghetti Sauce increased in price from $0.98 to $1.16 per 26.5-ounce can.
A 1-pound box of Butter increased in price from $2.48 to $2.98 per 1-pound box.
A 3-pound can of Crisco Shortening increased in price from $4.36 to $5.18 per 3-pound can.
A 20-ounce box of Cake Mix increased in price from $1.38 to $1.50 per 20-ounce box.
A 2.62-ounce jar of Cream of Tartar increased in price from $4.66 to $5.44 per 2.62-ounce jar.
A 4-pound box of Pure Salt increased in price from $1.16 to $1.28 per 4-pound box.
Comments about "significant" price changes from January 3, 2011 to February 1, 2011:
Although the Del Monte Brand and the Hunt's Brand Spaghetti Sauce both contain 26.5 ounces per can, and both sell for the same price as last year, the Hunt's Brand now contains more water and it has 120 fewer total calories per can than the Del Monte Brand.
A 32-ounce box of Pancake Mix increased in price from $2.24 to $2.38 per 32-ounce box.
A 10.75-ounce can of Cream of Chicken Soup increased in price from $0.70 to $1.14 per 10.75 ounce can.
A 5-pound bag of Sugar increased in price from $2.54 to $2.78 per 5-pound bag.
A 50.7-ounce jar of Extra-Virgin Olive Oil increased in price from $12.20 to $12.34 per 50.7 ounce jar.
A 16-ounce jar of Jelly increased in price from $1.26 to $1.46 per 16-ounce jar.
A 12-ounce can of Evaporated Milk increased in price from $0.78 to $0.98 per 12-ounce can.
A 64-ounce box of Powdered Instant Milk decreased in price from $15.67 to $15.63 per 64-ounce box.
- A 5-pound box of Quick Grits decreased in price from $2.44 to $2.08 per 5-pound box.
Revision History:
Revised July 1, 2011 - Updated all food prices for the month of July 2011.
Revised June 1, 2011 - Updated all food prices for the month of June 2011.
Revised May 3, 2011 - Updated all food prices for the month of May 2011.
Revised April 1, 2011 - Updated all food prices for the month of April 2011.
Revised March 1, 2011 - Updated all food prices for the month of March 2011.
Revised February 1, 2011 - Updated all food prices for the month of February 2011.
Revised January 3, 2011 - Updated all food prices for the month of January 2011.
February 6, 2008 - Added this page to web site.
