Cost of food in New Caledonia decreased 1.50 percent in May of 2026 over the same month in the previous year. Food Inflation in New Caledonia averaged 2.36 percent from 2011 until 2026, reaching an all time high of 10.90 percent in December of 2022 and a record low of -3.40 percent in April of 2019. source: ISEE, New Caledonia
Food Inflation in New Caledonia is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Caledonia Food Inflation is projected to trend around 4.00 percent in 2027 and 2.90 percent in 2028, according to our econometric models.