DOI: 10.36347/sjebm.2022.v09i12.003

Pages: 291-305

This study embarks on an in-depth exploration of food inflation in the United States, a phenomenon of growing concern in the contemporary economic landscape. This research aims to comprehensively understand food inflation, contextualizing it within the U.S. while drawing parallels with global patterns. The study is anchored in a data-driven approach, recognizing the pivotal role of empirical analysis in economic policy-making. Methodologically, the research is grounded in a meticulous literature review, encompassing a wide array of sources to capture the multifaceted nature of food inflation. This includes an examination of historical trends, socio-economic impacts, and the effectiveness of existing mitigation strategies. The review is thematically organized, synthesizing information to offer a holistic view of the subject matter. The main findings reveal that food inflation in the U.S. is influenced by a complex interplay of factors, including economic policies, environmental changes, and social dynamics. The study highlights the critical role of minor commodity crops and the impact of food insecurity at the household level. It also underscores the potential of advanced data analytics in forecasting and managing food inflation trends. The study emphasizes the necessity of a holistic, data-driven approach in addressing food inflation. Recommendations include the adoption of inclusive policy-making, increased research investment in minor commodity crops, and leveraging advanced data analytics for effective management. These strategies are proposed to ensure economic viability, social equity, and environmental sustainability in mitigating the impacts of food inflation in the United States.