date:Apr 15, 2014
l-food CPI increased by an average of 4.6 per cent per year - a steep reduction from the food price inflation of the 1970s. Throughout the 1990s and 2000s, the all-food CPI was comparatively stable, averaging between two and three per cent inflation per year. Annual food price inflation has only exceeded 4.6 per cent once since the end of the 1980s, in 2008.
Food price inflation has trended downwards since the 1970s.
Average annual increase in the all-food Consumer Price Index by decade, per c