Cost of food in Colombia increased 5 percent in February of 2021 over the same month in the previous year. source: Dane, Colombia
Food Inflation in Colombia averaged 11.66 percent from 1988 until 2021, reaching an all time high of 35.59 percent in June of 1988 and a record low of -0.54 percent in January of 2010. This page provides - Colombia Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Food Inflation - values, historical data and charts - was last updated on April of 2021.
Food Inflation in Colombia is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Colombia to stand at 3.20 in 12 months time. In the long-term, the Colombia Food Inflation is projected to trend around 4.00 percent in 2022 and 4.20 percent in 2023, according to our econometric models.