Food prices: consumers' expected increases worldwide 2022

According to a survey carried out between October and November 2022 in 36 countries around the world, consumers in Hungary were the most likely to be expecting food prices to increase a lot. Almost three-quarters of Hungarian survey respondents stated that they were expecting the cost of their food shopping to increase a lot in the coming six months. In comparison, some 11 percent of Chinese respondents said the same.

Share of consumers expecting the cost of food shopping to increase in the next six months worldwide as of November 2022, by country

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Release date

November 2022

More information

Region

Worldwide

Survey time period

October 21 to November 4, 2022

Number of respondents

24,471 respondents

Age group

18-75 years

Method of interview

Online survey

Supplementary notes

* The source notes: "The “Global Country Average” reflects the average result for all the countries and markets where the survey was conducted. It has not been adjusted to the population size of each country or market and is not intended to suggest a total result."

The source further notes: "The samples in Brazil, Chile, China (mainland), Colombia, India, Indonesia, Ireland, Malaysia, Mexico, Peru, Saudi Arabia, Thailand, Turkey, and the UAE are more urban, educated, and/or more affluent than the general population."

Original survey question was phrased as follows: "Thinking now about your household spend in the six months, for each of the following types of spend, please say whether you expect it to increase, decrease or stay the same as it is now? (The cost of your food shopping).

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