Cost of food in Papua New Guinea increased 3.60 percent in the second quarter of 2019 over the same quarter in the previous year. Food Inflation in Papua New Guinea averaged 4.22 percent from 1978 until 2019, reaching an all time high of 23.73 percent in the first quarter of 2003 and a record low of -90.40 percent in the fourth quarter of 2010.

Food Inflation in Papua New Guinea is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Papua New Guinea to stand at 2.30 in 12 months time. In the long-term, the Papua New Guinea Food Inflation is projected to trend around 3.60 percent in 2020, according to our econometric models.

Papua New Guinea Food Inflation
Forecast Data Chart
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Papua New Guinea Prices Last Previous Highest Lowest Unit
Inflation Rate 4.00 4.50 23.16 -1.61 percent [+]
Food Inflation 3.60 3.40 23.73 -90.40 percent [+]
Consumer Price Index Cpi 143.60 142.50 143.60 108.80 Index Points [+]

Papua New Guinea Food Inflation

This page provides the latest reported value for - Papua New Guinea Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Papua New Guinea Food Inflation - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.40 23.73 -90.40 1978 - 2019 percent Quarterly

Country Last Previous
Argentina 58.80 Aug/19
Australia 2.40 Jun/19
Brazil 3.56 Sep/19
Canada 3.60 Aug/19
China 11.20 Sep/19
Euro Area 1.90 Aug/19
France 2.10 Sep/19
Germany 1.30 Sep/19
India 5.11 Sep/19
Indonesia 5.42 Sep/19
Italy 1.00 Sep/19
Japan 0.10 Aug/19
Mexico 3.90 Sep/19
Netherlands 4.80 Sep/19
Russia 5.60 Aug/19
Saudi Arabia 1.00 Aug/19
Singapore 1.60 Aug/19
South Africa 3.90 Aug/19
South Korea -4.10 Sep/19
Spain 0.90 Sep/19
Switzerland -0.30 Sep/19
Turkey 9.52 Sep/19
United Kingdom 1.80 Aug/19
United States 1.80 Sep/19