Cost of food in Cape Verde increased 2.20 percent in August of 2021 over the same month in the previous year. source: INE, Cape Verde

Food Inflation in Cape Verde averaged 2.26 percent from 2006 until 2021, reaching an all time high of 13.80 percent in October of 2008 and a record low of -3.70 percent in October of 2009. This page provides the latest reported value for - Cape Verde Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cape Verde Food Inflation - values, historical data and charts - was last updated on October of 2021.

Food Inflation in Cape Verde is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Food Inflation is projected to trend around 1.40 percent in 2022 and 1.20 percent in 2023, according to our econometric models.

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Cape Verde Food Inflation

Cape Verde Last Unit Reference Previous Highest Lowest
Inflation Rate 2.70 percent Sep/21 2.40 10.20 -4.40
Food Inflation 2.20 percent Aug/21 0.60 13.80 -3.70
Cpi Transportation 110.19 points Sep/21 110.13 110.19 86.40
Cpi Housing Utilities 101.92 points Sep/21 101.81 113.50 80.30
Core Inflation Rate 2.50 percent Sep/21 1.90 3.70 -0.80
Core Consumer Prices 105.30 points Sep/21 104.90 105.30 92.28
Consumer Price Index CPI 104.55 points Sep/21 104.24 104.55 81.90
Inflation Rate Mom 0.30 percent Sep/21 0.80 1.40 -1.30