Milling & Baking News - January 26, 2021 - 18

Data

CPI grain-based foods indexes turn
in another year of price advances
Continued from Page 1

rising 2.9% in 2019 and 1.1% in 2018.
The index was down 0.2% in 2017.
The index for cakes, cupcakes and
cookies continued its upward climb,
rising 1.3% for the second straight
year. The index was up 1.7% in 2018,
0.4% in 2017 and 1% in 2016.
The CPI for other bakery products
increased 2.2%, its second consecutive year-over-year increase, which
followed three straight years of declines between 2016-18. In the other
bakery products segment, fresh

prepared mixes, the only key category to sustain a decline in 2019,
rebounded in 2020, advancing 1.2%.
Breakfast cereal increased 1.3% in
2020, which followed an increase of
0.5% in 2019 but declines of 1.8% in
2018, 1.1% in 2017 and 1.1% in 2016.
Rice, pasta and corn meal increased
2.5%, which followed two consecutive years of an increase of 0.8%.
The CPI for fresh cakes and cupcakes was the only category to sustain a decline in 2020, easing 0.9%
after gains of 2.4% in 2019, 2.2% in

Consumer Price Index
year-over-year percent change

15%
12%
9%
6%
3%
0%
-3%

Bread
Cereals and Bakery Products
All Food

2000

2002

2004

2006

2008

2010

2012

2014

2016

2018

2020

Source: Bureau of Labor Statistics, Department of Labor

sweet rolls, coffee cakes and donuts
were up 3.4%; crackers and other
cracker products increased 2.6%;
and frozen and refrigerated bakery
products, pies, tarts and turnovers
rose 1%.
The CPI for Cereals and Cereal
Products increased 1.8% in 2020, its
second straight year of year-overyear gains after three consecutive
year-over-year declines. Flour and

2018, 1.4% in 2017 and 2.3% in 2016.
The index for cookies, meanwhile,
rose 2.1% in 2020, which followed
gains of 0.9% in 2019 and 0.8% in
2018.
On a monthly basis, the CPI for
baked foods and cereal products was
stronger, rising 0.3% in December.
The December index for Cereals
and Bakery Products before seasonal adjustment was 283.7% of

White pan bread retail price rises;
whole wheat falls in December
WASHINGTON - The average price
paid for white pan bread increased
2.3¢ in December, following a gain of
1.2¢ in November, according to the
latest data from the Bureau of Labor
Statistics of the US Department of Labor. The price of whole wheat bread,
meanwhile, fell 0.4¢ per lb.
The national average retail price of
white pan bread was 153.8¢, up 2.3¢
per lb from November and up 17.5¢
from December 2019.
At 220.3¢ per lb, the national average price for whole wheat bread was
down 0.4¢ per lb from November but
up 23.9¢ per lb from December 2019.
The national average price of family
18 / January 26, 2021

Milling & Baking News

flour in December was 45¢, up 0.5¢
from November and up 2.1¢ from a
year ago.
The national average price for spaghetti and macaroni in December was

the 1982-84 average. For all food
at home, the December index was
251.3, up 0.4% from November.
The CPI for Cereals and Cereal
Products in December was 232.8, up
0.8% from November. The index for
products within this category included: flour and prepared mixes, 232.9,
up 0.3% from November; breakfast
cereal, 227.9, up 1% from the previous
month; and rice, pasta and corn meal,
244.6, up 0.7% from November.
The price index for Bakery Products in December was 313.2, up
0.1% from November.
The December index for bread
was 193.1, up 0.2% from November. Under this heading, the CPI for
white bread was 350.7, unchanged
from November. For bread other
than white, the index was 376.2, up
0.7% from November.
The price index for fresh biscuits,
rolls and muffins in December was
185.7, up 0.3% from November. The
December index for cakes, cupcakes
and cookies was 296.5, up 0.3% from
November. Under this segment,
other price indexes included fresh
cakes and cupcakes, 310.4, up 0.1%
from November; and cookies, 280.1,
up 0.7% from the previous month.
The CPI for other bakery products in December was 273.6, down
0.1% from November. Under this
heading, other price indexes in December included: fresh sweet rolls,
coffee cakes and donuts, 327.9, up
0.1% from November; crackers and
cracker products, 307.2, down 1.7%
from November; and frozen and
refrigerated bakery products, pies,
tarts and turnovers, 270, up 1.3%. MBN
131.3¢ per lb, up 5.1¢ from November
and up 12.4¢ from December 2019.
Chocolate chip cookies were 379.3¢
per lb, up 2.6¢ from November and up
20.9¢ from December 2019.
The national average price of white
long-grain rice in December was 78.9¢,
down 0.2¢ from November but up 7.5¢
from December 2019. MBN

Average retail price of bread
in cents per lb

250
Whole wheat bread
200
White pan bread

150
100
2015

2016

2017

2018

2019

2020

Source: Bureau of Labor Statistics, Department of Labor

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Milling & Baking News - January 26, 2021

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