![]() ![]() ![]() ![]() Department of Agriculture, Economic Research Service (USDA, ERS) will continue to produce new monthly forecasts using both the updated methods and the legacy methods through June 2023. Forecasts using the prior forecasting methodology remain available as data files (“Legacy Data”). As of January 2023, the Food Price Outlook Summary Findings are based on the revised data series. Note: The Food Price Outlook data series and forecasting methodology were revised in January 2023 based on the approach documented in the following report. See the Overview page for Consumer Price Index and Producer Price Index datasets. This page summarizes the May 2023 forecasts, which incorporate the April 2023 Consumer Price Index and Producer Price Index numbers. ![]()
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