Cost of food in New Caledonia increased 3.60 percent in May of 2020 over the same month in the previous year.
Food Inflation in New Caledonia averaged 1.20 percent from 2011 until 2020, reaching an all time high of 6.60 percent in February of 2011 and a record low of -5.10 percent in April of 2019. This page provides - New Caledonia Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Caledonia Food Inflation - values, historical data and charts - was last updated on August of 2020.
Food Inflation in New Caledonia is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in New Caledonia to stand at 2.50 in 12 months time. In the long-term, the New Caledonia Food Inflation is projected to trend around 2.10 percent in 2021, according to our econometric models.