Cost of food in Barbados increased 10.40 percent in July of 2020 over the same month in the previous year. source: Barbados Statistical Service
Food Inflation in Barbados averaged 5.71 percent from 2002 until 2020, reaching an all time high of 17.08 percent in September of 2008 and a record low of -2.40 percent in September of 2018. This page provides - Barbados Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Barbados Food Inflation - values, historical data and charts - was last updated on November of 2020.
Food Inflation in Barbados is expected to be 9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Barbados to stand at 8.70 in 12 months time. In the long-term, the Barbados Food Inflation is projected to trend around 7.00 percent in 2021 and 5.50 percent in 2022, according to our econometric models.