Cost of food in Maldives decreased 5.10 percent in March of 2019 over the same month in the previous year. Food Inflation in Maldives averaged 1.04 percent from 2012 until 2019, reaching an all time high of 8.80 percent in September of 2013 and a record low of -6 percent in June of 2018.
Food Inflation in Maldives is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Maldives to stand at 1.20 in 12 months time. In the long-term, the Maldives Food Inflation is projected to trend around 0.70 percent in 2020, according to our econometric models.