Cost of food in Benin increased 5.80 percent in October of 2018 over the same month in the previous year. Food Inflation in Benin averaged 1.97 percent from 2010 until 2018, reaching an all time high of 14.86 percent in January of 2011 and a record low of -6.70 percent in April of 2017.
Food Inflation in Benin is expected to be -1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Benin to stand at 2.50 in 12 months time. In the long-term, the Benin Food Inflation is projected to trend around 3.00 percent in 2020, according to our econometric models.