CPI FORECAST

Sugar and sweets: USDA food price forecast

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USDA ERS forecasts Sugar and sweets to change between 5.8% and 7.4% (midpoint 6.6%) in 2026.

USDA ERS forecasts Sugar and sweets to change between -2.1% and 9.3% (midpoint 3.4%) in 2027.

A forecast interval is a range. The midpoint is the centre of that range, not a promise about what will happen.

Forecast and history for Sugar and sweets

ERS labelValue
Lower bound of forecast interval 20265.8%
Midpoint of forecast interval 20266.6%
Upper bound of forecast interval 20267.4%
Lower bound of forecast interval 2027-2.1%
Midpoint of forecast interval 20273.4%
Upper bound of forecast interval 20279.3%
Relative importance2.4%
Month-to-month July 2026 to August 2026-0.3%
Year-over-year August 2025 to August 20266.1%
Year-to-date avg. 2026 to avg. 20256%
Annual 20243%
Annual 20255.1%
20-year historical average3.1%

Track record: past forecasts compared with the final figure

For each past year that has a final annual figure in the data, this table shows the forecast ERS made in the first month available for that year and the final published value for the year. Both columns are read from the previously published estimates record.

YearFirst forecast availableForecast (%)Final (%)
2003January 20031 to 21.9
2004July 20031 to 20.7
2005July 20040 to 11.2
2006July 20050.5 to 1.53.8
2007August 20062.5 to 3.53.1
2008July 20072 to 35.5
2009July 20083 to 45.6
2010July 20093.5 to 4.52.2
2011July 20101.5 to 2.53.3
2012July 20112 to 33.3
2013July 20122 to 3-1.7
2014July 20132 to 3-0.8
2015July 20141.5 to 2.53.2
2016July 20152 to 3-0.4
2017July 20160.5 to 1.5-0.1
2018July 20170 to 10.4
2019July 20180 to 12
2020July 20190 to 13.3
2021July 20201 to 23
2022July 20211.5 to 2.510.4
2023July 20222 to 38.7
2024July 20238.53

Years shown: 2003 to 2024 (22 years in the record for this category).

Source records: changes-in-consumer-price-indexes-2024-through-2027, consumer-price-index-cpi-forecasts-previously-published-estimates, from the USDA Economic Research Service Food Price Outlook. Figures cover August 2026. Data fetched 2026-09-28.