Cost of food in Gambia increased 6.20 percent in May of 2020 over the same month in the previous year.
Food Inflation in Gambia averaged 7.13 percent from 2012 until 2020, reaching an all time high of 10 percent in January of 2017 and a record low of 4.57 percent in April of 2012. This page provides the latest reported value for - Gambia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Gambia Food Inflation - values, historical data and charts - was last updated on September of 2020.
Food Inflation in Gambia 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 Gambia to stand at 5.30 in 12 months time. In the long-term, the Gambia Food Inflation is projected to trend around 6.00 percent in 2021 and 6.50 percent in 2022, according to our econometric models.