Cost of food in Zambia increased 8.10 percent in December of 2018 over the same month in the previous year. Food Inflation in Zambia averaged 8.91 percent from 2011 until 2018, reaching an all time high of 26.50 percent in April of 2016 and a record low of 3.50 percent in May of 2011.
Food Inflation in Zambia is expected to be 8.65 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Zambia to stand at 6.80 in 12 months time. In the long-term, the Zambia Food Inflation is projected to trend around 5.00 percent in 2020, according to our econometric models.