Prices of food rose 5.8 percent year-on-year in December 2025, accelerating sharply from a 1.2 percent increase in November, marking the highest level since September 2023. Food Inflation in Cape Verde averaged 3.22 percent from 2006 until 2025, reaching an all time high of 17.90 percent in September of 2022 and a record low of -3.70 percent in October of 2009. source: INE, Cape Verde
Food Inflation in Cape Verde is expected to be 2.00 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 1.20 percent in 2027 and 1.60 percent in 2028, according to our econometric models.