Cost of food in Greece decreased 1.90 percent in August of 2019 over the same month in the previous year. Food Inflation in Greece averaged 1.98 percent from 2000 until 2019, reaching an all time high of 12.85 percent in January of 2002 and a record low of -3 percent in June of 2014.
Food Inflation in Greece is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Greece to stand at 0.70 in 12 months time. In the long-term, the Greece Food Inflation is projected to trend around 1.70 percent in 2020, according to our econometric models.