Cost of food in Zimbabwe increased 27 percent in October of 2018 over the same month in the previous year. Food Inflation in Zimbabwe averaged 2119591.39 percent from 2003 until 2018, reaching an all time high of 353131459.30 percent in July of 2008 and a record low of -15.10 percent in December of 2009.
Food Inflation in Zimbabwe is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Zimbabwe to stand at 5.00 in 12 months time. In the long-term, the Zimbabwe Food Inflation is projected to trend around 5.00 percent in 2020, according to our econometric models.