Cost of food in Cape Verde increased 16.20 percent in June of 2022 over the same month in the previous year. source: INE, Cape Verde
Food Inflation in Cape Verde averaged 2.67 percent from 2006 until 2022, reaching an all time high of 16.50 percent in March of 2022 and a record low of -3.70 percent in October of 2009. This page provides the latest reported value for - Cape Verde Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cape Verde Food Inflation - values, historical data and charts - was last updated on August of 2022.
Food Inflation in Cape Verde is expected to be 14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Food Inflation is projected to trend around 7.00 percent in 2023 and 4.00 percent in 2024, according to our econometric models.