Cost of food in Belize decreased 0.60 percent in November of 2018 over the same month in the previous year. Food Inflation in Belize averaged -0.18 percent from 2013 until 2018, reaching an all time high of 3.54 percent in January of 2014 and a record low of -2.50 percent in January of 2017.
Food Inflation in Belize is expected to be -0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Belize to stand at 0.20 in 12 months time. In the long-term, the Belize Food Inflation is projected to trend around -0.10 percent in 2020, according to our econometric models.