Cost of food in Madagascar increased 3.20 percent in December of 2019 over the same month in the previous year.
Food Inflation in Madagascar averaged 9.50 percent from 2002 until 2019, reaching an all time high of 50.84 percent in February of 2005 and a record low of -10.27 percent in June of 2003. This page provides the latest reported value for - Madagascar Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Madagascar Food Inflation - values, historical data and charts - was last updated on June of 2020.
Food Inflation in Madagascar is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Madagascar to stand at 5.10 in 12 months time. In the long-term, the Madagascar Food Inflation is projected to trend around 6.00 percent in 2021 and 5.70 percent in 2022, according to our econometric models.