Cost of food in Nicaragua increased 3.90 percent in March of 2019 over the same month in the previous year. Food Inflation in Nicaragua averaged 8.48 percent from 2005 until 2019, reaching an all time high of 35.25 percent in August of 2008 and a record low of -8.74 percent in December of 2009.
Food Inflation in Nicaragua 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 Nicaragua to stand at 4.50 in 12 months time. In the long-term, the Nicaragua Food Inflation is projected to trend around 3.90 percent in 2020, according to our econometric models.