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Purdue survey: Consumers expect food prices to rise – Inside INdiana Business

Purdue survey: Consumers expect food prices to rise – Inside INdiana Business
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Alex brownJoe balagtasPurdue universityFebruary consumer food insights reportFood demand analysis

Most consumers continue to expect rising food prices

INDIANA Most U.S. consumers surveyed in February 2024 predicted that food prices would increase over the next 12 months. According to the February Consumer Food Insights Report, 64% of respondents predict food prices will rise next year, and the average expected increase is 3.7%. Joseph Balagt .

United statesPurdue universityTom campbellSteve koppesJoseph balagtasElijah bryantPurdue university centerUs department of agricultureSupplemental nutrition assistance programPurdue agricultural communicationsBureau of labor statisticsFebruary consumer food insights reportFood insightsFood demand analysisFox newsLabor statistics