Cost of food in Bermuda increased 5 percent in February of 2022 over the same month in the previous year. source: Bermuda Government Department of Statistics
Food Inflation in Bermuda averaged 2.42 percent from 2015 until 2022, reaching an all time high of 5 percent in February of 2022 and a record low of 0.40 percent in April of 2017. This page provides - Bermuda Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bermuda Food Inflation - values, historical data and charts - was last updated on July of 2022.
Food Inflation in Bermuda is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bermuda Food Inflation is projected to trend around 3.00 percent in 2023, according to our econometric models.