Consumer data and technology company Numerator released a projection on inflation trends for everyday consumer goods. Prices declined 0.23% in January 2026. Following a 0.25% increase in December and a 0.35% increase in November.
January had the lowest level of inflation since February 2025 offering consumers lower prices than a year ago. Prices for beef and veal were 15% higher in January vs year ago, seasonally adjusted prices fell 0.4% from Dec 2025 to January 2026. Egg prices also continued to fall sharply, with prices down 5.3% for the month and 34.2% vs year ago.
Cereal and bakery products contributed to grocery inflation in January with prices up 3.1% for the year. Flour, cookies, fresh cakes, cupcake, crackers, bread, and cracker products were among the items driving the increase.
Dairy products were down and fruits and vegetables were up while the price of bananas remained up 5.4%, however down 0.7% for the month. Canned fruits were high with prices up 5.5%.
Coffee prices remained high, however down in December, driving inflation in non-alcoholic beverages overall, with prices up 4.5% for the year.
Other sugar and sweets, fats and oils, and other foods were down 0.3%, trending overall with the yearly inflation of 2.1% . Todays Consumer Price Index data suggests food price inflation continues to be moderate.
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