← Price Inflation Report  /  Grocery Price Tracker

Grocery Prices · Food at Home

Fats and Oils Price Decrease in 2026

Fats and Oils prices are -0.2% compared to a year ago — prices are falling, providing relief to households. This is 3.4 percentage points below overall food inflation. For the average household, this saves roughly $0.0/year on fats & oils spending.

Source: U.S. Bureau of Labor Statistics CPI-U · Latest: April 2026

Annual Change

-0.2%

year-over-year · April 2026

Monthly Change

-0.7%

seasonally adjusted MoM

Overall Food Inflation

+3.2%

all food categories · April 2026

What This Means for Your Wallet

The average U.S. household spends approximately $11.0/month on fats & oils. With prices down -0.2%, that same amount now costs about $11.0/month$0.0 less per month than a year ago, saving households roughly $0.0/year.

Typical monthly spending estimate based on BLS Consumer Expenditure Survey 2020 averages. Actual amounts vary by household size and location.

Context: Fats and Oils vs. Overall Food Inflation

Overall food inflation is running at +3.2% annually. Fats and Oils at -0.2% is rising more slowly than the average — it is providing some relief relative to other food costs.

Category Annual Change Monthly Change
Food at Home +2.9% +0.7%
Cereals & Bakery Products +2.6% +0.1%
Meats +8.8% +1.8%
Beef & Veal +14.8% +2.7%
Poultry +0.5% -0.9%
Fish & Seafood +6.2% +1.5%
Eggs -39.2% +1.5%
Milk +0.5% +1.6%
Fresh Fruits +2.1% +0.8%
Fresh Vegetables +11.5% +3.9%
Coffee +18.5% +2.0%
Fats & Oils ◀ -0.2% -0.7%

Why Are Fats and Oils Prices Falling?

Food prices can fall when several forces work in the opposite direction from inflation: bumper crop harvests increase supply and push farm-gate prices down; lower energy costs reduce fertilizer, transportation, and cold-chain expenses; improved supply chains ease logistics bottlenecks built up during prior years; and in some categories, demand softens as consumers trade down or reduce purchases after a period of elevated prices.

The BLS measures fats & oils prices monthly as part of the Consumer Price Index. The annual figure of -0.2% reflects the average price change from April 2026 one year ago to April 2026 today — meaning the same basket of fats & oils costs less now than it did then.

Track All Food Categories

Other Food at Home Categories

Source: U.S. Bureau of Labor Statistics CPI-U · Updated monthly · bls.gov · Price Inflation Report