Cost of food in Guyana increased 2.90 percent in October of 2018 over the same month in the previous year. Food Inflation in Guyana averaged 3.29 percent from 1994 until 2018, reaching an all time high of 120.10 percent in December of 1994 and a record low of -65.02 percent in December of 2009.
Food Inflation in Guyana is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Guyana to stand at 2.40 in 12 months time. In the long-term, the Guyana Food Inflation is projected to trend around 2.60 percent in 2020, according to our econometric models.